Cafe Coco
Restaurant and Coffee Shop
Overview
Raised: $350
Total Commitments ($USD)
Platform
Honeycomb
Start Date
10/25/2023
Close Date
12/08/2023
Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
14.50%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/03/2023
Days Remaining
5
% of Min. Goal
1%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$9
# of Investors
1
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Cafe Coco is raising funds on Honeycomb. It is a food and entertainment venue in Nashville, Tennessee. Cafe Coco is a restaurant and event venue with a classic Nashville atmosphere and a New York feel and offers delicious food, coffee, cocktails, and live music. The venue is known for its famous backstage area and has won the Best of Nashville for 11 years since its opening. JR Peete founded Cafe Coco in October 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used to refinance high-interest debt.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$633,248 |
$0 |
|
COGS |
$292,924 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-188,624 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$3,951 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$3,951 |
$0 |
|
Short-Term Debt |
$187,888 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$187,888 |
$0 |
Financials as of: 10/25/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.