Belly’s Sliders and Wings
About this raise
Belly’s Sliders and Wings is raising funds on Honeycomb. It is a fast food restaurant in Gardena, California, specializing in fried chicken wings and tenders. Belly’s Sliders and Wings’ offerings include sliders, wings, cauliflower, zucchini sticks, and more, tossed in any of the twelve unique flavors provided by the business. The restaurant has won a Restaurant Guru Award between 2021 and 2023 and a fried chicken sandwich contest in 2023. Sam Ihunwo and Oak Okwara founded Belly’s Sliders and Wings in December 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 starting a cloud kitchen, hiring more staff, inventory for the cloud kitchen, marketing, and refinancing debt.
Investment Overview
Not Funded: $700
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 12/12/2023
- Close Date
- 01/25/2024
$50,000
$100,000
$100
Debt
Quarterly
RegCF
11.75%
3.0 years
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -27.8% YoY
-
$569,899
as of FY2022
- Monthly Burn
-
$5,584
as of FY2022
-
Cash on Hand
-
$64,829
as of FY2022
- Gross Margin
-
71%
as of FY2022
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 |
|---|---|---|---|---|---|---|
| 01/25/2024 | Honeycomb | - | $700 | Debt | Not Funded | RegCF |