Creole Orleans

Authentic Creole-Soul Food
Overview
Raised: $14,100
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/30/2023
Days Remaining
16
% of Min. Goal
24%
% of Max. Goal
11%
Likelihood of Max
Avg. Daily Raise
$486
# of Investors
6
Momentum
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Creole Orleans is raising funds on Honeycomb. The company is a fusion restaurant in Atlanta that specializes in New Orleans and Haitian inspired creole cuisine. Their menu features a variety of flavorful dishes that combine the rich culinary traditions of these two vibrant cultures, catering to food enthusiasts who crave a unique dining experience. Since 2021, Creole Orleans has generated over 2 million in sales, showcasing the strong demand for their unique culinary offerings. Perly Gedeon and Marzell Byrd founded Creole Orleans in 2018. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used to invest in crucial areas such as blueprint plans for their new location, purchasing furniture, fixtures, and equipment, and for permits and licensing fees.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$852,117 |
$478,469 |
COGS |
$542,236 |
$282,259 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$97,392 |
$81,977 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$58,094 |
$12,759 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$177,349 |
$144,759 |
Short-Term Debt |
$14,800 |
$15,262 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$14,800 |
$15,262 |
Financials as of: 09/01/2023
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