canihaveabite
Restaurants
Overview
Raised: $30,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
09/30/2022
Close Date
11/29/2022
Min. Goal
$25,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Debt
Payment Schedule
Quarterly
SEC Filing Type
RegCF
Interest Rate
12.00%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/04/2022
Days Remaining
Funded
% of Min. Goal
120%
% of Max. Goal
40%
Likelihood of Max
Funded
Avg. Daily Raise
$500
# of Investors
25
Momentum
Funded
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Year Founded
2010
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
canihaveabite is raising funds on Honeycomb. It is a ready-made meal prep business that offers organic and flavorful dishes that meet most dietary restrictions. The menu of canihaveabite is gluten-free, vegetable-focused, dairy-free, and made using whole ingredients. The business makes soups, salads, snacks, and bowls that are suitable for all sensitivities, along with being convenient, healthy, environment-friendly, and flavorful. Kathy Hale founded canihaveabite in May 2010. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for refrigeration, labor, marketing, packaging and delivery coolers, and signage and improvements.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$66,780 |
$63,374 |
|
COGS |
$24,571 |
$24,967 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-43,797 |
$5,243 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$129,058 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$129,058 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$215,013 |
$0 |
|
Total Liabilities |
$215,013 |
$0 |
Financials as of: 09/30/2022
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