Baby Blues BBQ
[Closed for Investment] Baby Blues BBQ is raising funds on Honeycomb. It is a barbecue spot in Venice, California, known for its warm and welcoming environment. Baby Blues BBQ serves flavourful meats and sides that are made from scratch in-house and served with a side of warm hospitality. The restaurant has won several awards and has been featured on Food Network’s Diners and Drive-ins and Dives: Triple D Nation. Richard McCarthy founded Baby Blues BBQ in October 2004. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used to build an outdoor dining area and refinance high-interest debt.
Investment Overview
Raised: $112,760
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 10/14/2024
- Close Date
- 12/04/2024
$60,000
$124,000
$100
Debt
Pre-Seed
RegCF
13.75%
3.0 years
Company & Team
Company
- Year Founded
- 2004
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -59.7% YoY
- $646,277
- Monthly Burn
- $33,229
-
Runway
- 1.7 months
- Gross Margin
- 100%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/04/2024 | Honeycomb | - | $112,760 | Debt | Funded | RegCF |