Bar Palmina

Bar Palmina

Non-Alcoholic Bar

Non-Alcoholic Bar

Overview

Raised to Date: Raised: $30,000

Total Commitments ($USD)

Platform

Honeycomb

Start Date

03/18/2024

Close Date

04/17/2024

Min. Goal
$25,000
Max. Goal
$30,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.00%

Term Length

3.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/23/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,034

# of Investors

33

Momentum
Funded
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Year Founded

2023

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Philadelphia, Pennsylvania

Business Type

Life Style

Bar Palmina is raising funds on Honeycomb. It is an upcoming non-alcoholic craft cocktail bar in Philadelphia, Pennsylvania. Bar Palmina will offer an inclusive and innovative drinking experience with its creative mixology and quality ingredients used to craft beverages that people enjoy without the presence of alcohol. The bar will offer mocktails and sophisticated concoctions to provide a fine drinking experience to its patrons with a memorable and distinctive taste. Thomas Reynolds and Nicole Graziano founded Bar Palmina in August 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $30,000. The campaign proceeds will be used for security deposit, permits, furnishing, and bar buildout.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$5,861

$0

COGS

$1,390

$0

Tax

$0

$0

 

 

Net Income

$-303

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 03/18/2024
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Bar Palmina on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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