Bob’s Famous BBQ

Bob’s Famous BBQ


About this raise: Bob’s Famous BBQ is raising funds on Honeycomb. It is a take-out barbecue food truck in Jacksonville, Florida, known for its Southern flavors and high-quality offerings. Bob’s Famous BBQ offers grilled and smoked meats and homemade side dishes made using high-quality and authentic ingredients, including smoke, fire, and time. The business prepares its food fresh everyday and won the best barbecue award in Florida in 2023. Brian Baker founded Bob’s Famous BBQ in May 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $85,000. The campaign proceeds will be used to purchase a food truck.

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Investment Overview

Not Funded: $22,480

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
05/06/2024
Close Date
06/27/2024
Min. Goal
$50,000
Max. Goal
$85,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Jacksonville, Florida
Business Type
Life Style
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Brian Baker
Title
CEO

Financials

as of Fiscal Year 2024
 Revenue +60% YoY
$173,659
 Monthly Burn
Profitable
 Cash on Hand
$19,631

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$173,659

$108,459

COGS

$0

$211

Tax

$0

$0

 

 

Net Income

$38,964

$28,434

Summary Balance Sheet

FY 2024 FY 2023

Cash

$19,631

$591

Accounts Receivable

$0

$0

Total Assets

$54,885

$9,910

Short-Term Debt

$21,002

$-2,629

Long-Term Debt

$0

$0

Total Liabilities

$21,002

$-2,629

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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
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Growth Charts

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 2024
Platform: Honeycomb
Security Type: Debt

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