Chakra Bowls
Restaurants
Overview
Raised: $39,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
08/25/2022
Close Date
10/10/2022
Min. Goal
$25,000
Max. Goal
$135,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
11.50%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$867
# of Investors
38
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Chakra Bowls is raising funds on Honeycomb. It is a family and community-oriented cafe in Poughkeepsie, New York. The cafe serves healthy food options, including smoothie bowls, cold-pressed juices, nourishing grain bowls, and decadent avocado toasts. The foods served at Chakra Bowls are based on Ayurveda and work as natural healing systems for the body. Chakra Bowls has won several awards, including Best Vegan Menu in 2020, Best Gluten-free Menu in 2020 and 2021, and Best Grain Bowls in 2021 and 2022. Lauren Hoheusle founded Chakra Bowls in July 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $135,000. The campaign proceeds will be used for bathroom renovation, electronics, marketing, kitchen equipment, decor, drinkware, and inventory.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$337,285 |
$0 |
|
COGS |
$100,893 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$46,378 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$462 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$13,646 |
$0 |
|
Short-Term Debt |
$4,806 |
$0 |
|
Long-Term Debt |
$783 |
$0 |
|
Total Liabilities |
$5,589 |
$0 |
Financials as of: 08/25/2022
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.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.