d’griot

d’griot

Community wellness cafe

Community wellness cafe

Overview

Raised this Round: Raised: $5,500

Total Commitments ($USD)

Platform

Honeycomb

Start Date

06/23/2024

Close Date

08/05/2024

Min. Goal
$25,000
Max. Goal
$75,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.50%

Term Length

3.0 years

Year Founded

2023

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Philadelphia, Pennsylvania

Business Type

Life Style

d’griot is raising funds on Honeycomb. It is a community wellness cafe in Philadelphia, Pennsylvania that stands as a homage to African storytellers. d’griot offers nutrient-rich food and beverages, natural medicinal products, and a gallery showcasing local artists so visitors can immerse themselves in past, present, and future narratives. The cafe is a place for communal bonds to strengthen, creativity to flourish, and stories to come alive. Blew Kind founded d’griot in October 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for outdoor signage, cafe bar installation and equipment, marketing, accounting, patio furniture and construction, security systems and supplies, and inventory.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$8,554

$0

COGS

$7,743

$0

Tax

$0

$0

 

 

Net Income

$-13,780

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$250

$0

Accounts Receivable

$0

$0

Total Assets

$4,612

$0

Short-Term Debt

$17,520

$0

Long-Term Debt

$0

$0

Total Liabilities

$17,520

$0

Financials as of: 06/23/2024
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d’griot on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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