Cultural Kitchen Catering
Restaurants
Overview
Raised: $51,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
06/14/2022
Close Date
08/02/2022
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Interest Rate
10.25%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,063
# of Investors
28
Momentum
Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Cultural Kitchen Catering is raising funds on Honeycomb. The food business is a collaboration between Twisting Roots Food Truck and Wurstbusters Food Truck. It serves a variety of food from Island-inspired dishes to German street food and anything in between. Cultural Kitchen Catering has a customer base of 3,000 people and plans to open a brick-and-mortar location soon. Annett Schultz and Rovetkey Johnson founded Cultural Kitchen Catering in February 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for increasing the marketing budget, additional staffing, a commercial espresso machine, ice-cream freezer, beer and wine license, and catering vehicle.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 06/14/2022
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