Blue Sky Kitchen
Restaurants
Overview
Raised: $42,617
Total Commitments ($USD)
Platform
Honeycomb
Start Date
02/14/2023
Close Date
03/30/2023
Min. Goal
$25,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
10.50%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/01/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$991
# of Investors
38
Momentum
Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Blue Sky Kitchen is raising funds on Honeycomb. It is a restaurant in Pittsburgh, Pennsylvania, that features fresh food made using local ingredients. The casual bistro menu of Blue Sky Kitchen includes soups, salads, sandwiches, entrees, and appetizers made using locally-sourced proteins and seasonal vegetables. Blue Sky Kitchen has a loyal customer base and was awarded the Best New Restaurant award by Pittsburgh Magazine in 2022. Matt Turbiner founded Blue Sky Kitchen in April 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for the buildout and construction of the outside space.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$321,835 |
$0 |
|
COGS |
$246,440 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-67,069 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$138,831 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$353,727 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$412,738 |
$0 |
|
Total Liabilities |
$412,738 |
$0 |
Financials as of: 02/14/2023
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