Bob’s Famous BBQ

Bob’s Famous BBQ

Restaurants

Restaurants

Overview

Raised this Round: Raised: $37,100

Total Commitments ($USD)

Platform

Honeycomb

Start Date

09/21/2022

Close Date

12/05/2022

Min. Goal
$75,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Debt

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

9.75%

Term Length

5.0 years

Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Jacksonville, Florida

Business Type

Life Style

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$304,019

$263,966

COGS

$156,288

$151,939

Tax

$0

$0

 

 

Net Income

$31,148

$41,278

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$328

$1,488

Accounts Receivable

$0

$0

Total Assets

$13,381

$14,541

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 09/21/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Bob’s Famous BBQ 06/26/2024 Honeycomb - $19,080 Debt Active RegCF
Bob’s Famous BBQ 12/04/2022 Honeycomb - $37,100 Debt Not Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Bob’s Famous BBQ on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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