Cold Friends Kitchen

Cold Friends Kitchen

Cold Friends Kitchen is raising funds on Honeycomb. It is a mobile restaurant and caterer in Pittsburgh, Pennsylvania. Cold Friends Kitchen is known for its Holy Smokes Burger and has garnered widespread acclaim for the burger and other offerings. The food truck offers pub grub with vegetarian and vegan options and a constantly rotating menu. Gabriel Knecht founded Cold Friends Kitchen in March 2024. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $85,000. The campaign proceeds will be used for working capital, hiring and training new staff, upgrading production equipment, rebranding, and marketing.

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Investment Overview

Raised this Round: Raised: $84,999

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
11/13/2024
Close Date
12/23/2024
Min. Goal
$35,000
Max. Goal
$85,000
Min. Investment

$100

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

14.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2024
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Pittsburgh, Pennsylvania
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Gabriel Knecht
Title
CEO and Executive Chef

Financials

as of Fiscal Year 2024
 Revenue
$190,912
 Monthly Burn
Profitable
 Cash on Hand
$26,101
Gross Margin
85%
View Detailed Financials Expand

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$190,912

$0

COGS

$29,500

$0

Tax

$0

$0

 

 

Net Income

$77,724

$0

Summary Balance Sheet

FY 2024 FY 2023

Cash

$26,101

$0

Accounts Receivable

$2,115

$0

Total Assets

$72,816

$0

Short-Term Debt

$3,737

$0

Long-Term Debt

$40,016

$0

Total Liabilities

$43,753

$0
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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/23/2024 Honeycomb - $84,999 Debt Active RegCF
05/11/2024 Honeycomb - $33,274 Debt Funded RegCF
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Growth Charts

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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Cold Friends Kitchen on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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