Botanical Vegan Cafe & Market
About this raise
Botanical Vegan Cafe & Market, a jungle-speakeasy cafe in Pittsburgh, PA, is raising funds on Honeycomb Credit. The cafe is mainly a lunch destination with quick, healthy, and vegan offerings, including salads, soups, acai bowls, smoothies, juices, quinoa bowls, health shots, coffee, hummus dips, chips, and veggie sticks. Botanical Vegan Cafe & Market merges a healthy lifestyle with the sustainable and social-focused environment. The cafe was founded by Grace Affeltranger and opened in March 2020. The proceeds of the current round of crowdfunding, with a minimum goal of $10,000 and a maximum goal of $27,000, will be used to survive through COVID-19 and thrive as a business once it is over. Botanical Vegan Cafe & Market is led by an experienced and passionate team and has strong future potential.
Investment Overview
Invested : $11,587
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 04/22/2020
- Close Date
- 06/08/2020
$10,000
$27,000
$100
Debt
RegCF
9.00%
Company & Team
Company
- Year Founded
- 1969
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
- $85,053
- Monthly Burn
- $1,127
-
Runway
- 6.2 months
- Gross Margin
- 55%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/08/2020 | Honeycomb | - | $11,587 | Debt | Funded | RegCF |