Bob’s Famous BBQ
[Closed for Investment] Bob’s Famous BBQ is raising funds on Honeycomb. The food business creates delicious barbecue and other products daily for the locals in Jacksonville, Florida. The restaurant will prepare and sell grilled and smoked meats paired with homemade side dishes and premium quality beverages. Bob’s Famous BBQ closed down sometime back and is reopening after a small hiatus at a new location. Brian Baker founded Bob’s Famous BBQ in May 2018. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $124,000. The campaign proceeds will be used for the buildout of the new location, new furniture, flooring, paint, new equipment, and licenses.
Investment Overview
Raised: $37,100
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 09/22/2022
- Close Date
- 12/05/2022
$75,000
$124,000
$100
Debt
Quarterly
RegCF
9.75%
5.0 years
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +15% YoY
- $304,019
- Monthly Burn
- Profitable
- Cash on Hand
- $328
- Gross Margin
- 49%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/27/2024 | Honeycomb | - | $22,480 | Debt | Not Funded | RegCF |
| 12/05/2022 | Honeycomb | - | $37,100 | Debt | Not Funded | RegCF |