Cultivate Kitchen Co.

Cultivate Kitchen Co.

Food And Catering Services

Food And Catering Services

Overview

Raised to Date: Raised: $42,410

Total Commitments ($USD)

Platform

SMBX

Start Date

04/23/2024

Close Date

05/28/2024

Min. Goal
$20,000
Max. Goal
$124,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.25%

Term Length

3.0 years

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/25/2024

Days Remaining

2

% of Min. Goal

212%

% of Max. Goal

34%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,325

Momentum
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Year Founded

2022

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Louisville, Colorado

Business Type

Life Style

Cultivate Kitchen Co. is raising funds on Honeycomb. It is a food and catering service in Louisville, Colorado that serves healthy, convenient, and tasty meals. Cultivate Kitchen Co. sources fresh ingredients from the community and curates the seasonal menu that it offers through pick-up, catering, and personal chef offerings. The business is focused on wholesome meals and customer service and aims to connect people through food. Katrina High and Cammie Read founded Cultivate Kitchen Co. in April 2022. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $124,000. The campaign proceeds will be used for working capital and expansion to a larger space.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$643,307

$99,621

COGS

$168,207

$32,658

Tax

$0

$0

 

 

Net Income

$141,918

$-31,621

Summary Balance Sheet

FY 2023 FY 2022

Cash

$22,185

$18,135

Accounts Receivable

$1,237

$0

Total Assets

$23,423

$18,136

Short-Term Debt

$5,600

$60,600

Long-Term Debt

$0

$0

Total Liabilities

$5,600

$60,600

Financials as of: 04/23/2024
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Cultivate Kitchen Co. on SMBX 2024
Platform: SMBX
Security Type: Debt

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