Bae Bae’s Kitchen
Restaurants
Overview
Raised: $100,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
03/31/2022
Close Date
05/17/2022
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,174
# of Investors
57
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Bae Bae’s Kitchen is raising funds on Honeycomb. It is a Korean-inspired bistro in Pittsburgh, PA. The bistro is focused on local and organic produce, sustainability, and taste and is accessible in price and cuisine familiarity. Bae Bae’s Kitchen has a loyal customer base and is planning to expand by procuring a liquor license. Edward Lai founded Bae Bae’s Kitchen in April 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for obtaining a liquor license, lawyer fees, and marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$598,566 |
$456,898 |
|
COGS |
$205,595 |
$189,090 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-16,475 |
$-109,860 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$314,322 |
$57,620 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$630,924 |
$184,484 |
|
Short-Term Debt |
$0 |
$19,080 |
|
Long-Term Debt |
$500,000 |
$149,900 |
|
Total Liabilities |
$500,000 |
$168,980 |
Financials as of: 03/31/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.