Baton Roux

Baton Roux

Food Truck

Food Truck

Overview

Raised to Date: Raised: $24,100

Total Commitments ($USD)

Platform

Honeycomb

Start Date

06/27/2023

Close Date

08/18/2023

Min. Goal
$20,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

14.00%

Term Length

5.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/30/2023

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

$473

# of Investors

29

Momentum
Funded
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Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

TAMPA, Florida

Business Type

Life Style

Baton Roux is raising funds on Honeycomb. The food truck sells Cajun food in Tampa, Florida. The authentic Cajun cuisine of Baton Roux includes crawfish etouffee, Cajun red beans and rice with sausage, chicken and sausage jambalaya, beignets, and seafood gumbo. The business uses traditional recipes and authentic ingredients to prepare its food items. Alexis Williams founded Baton Roux in March 2020. 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 the buildout of a brick-and-mortar location, rent deposit, architect costs, beginning inventory and supplies, auto loan, marketing, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$36,108

$100,391

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$16,791

$4,617

Summary Balance Sheet

FY 2022 FY 2021

Cash

$27,393

$4,455

Accounts Receivable

$0

$0

Total Assets

$28,278

$4,617

Short-Term Debt

$-1,945

$0

Long-Term Debt

$0

$0

Total Liabilities

$-1,945

$0

Financials as of: 06/27/2023
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Baton Roux on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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