Bob’s Famous BBQ

Bob’s Famous BBQ

Restaurant

Restaurant

Overview

Raised to Date: Raised: $5,480

Total Commitments ($USD)

Platform

Honeycomb

Start Date

05/05/2024

Close Date

06/17/2024

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

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/25/2024

Days Remaining

22

% of Min. Goal

11%

% of Max. Goal

6%

Likelihood of Max
unlikely
Avg. Daily Raise

$274

# of Investors

10

Momentum
cold.svg
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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

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.

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

Financials as of: 05/05/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Bob’s Famous BBQ 06/16/2024 Honeycomb - $5,480 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 2024
Platform: Honeycomb
Security Type: Debt

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