Drewish Deli

Drewish Deli

Deli

Deli

Overview

Raised this Round: Raised: $15,400

Total Commitments ($USD)

Platform

Honeycomb

Start Date

07/08/2024

Close Date

08/07/2024

Min. Goal
$30,000
Max. Goal
$60,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.00%

Term Length

3.0 years

Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Healdsburg, California

Business Type

Life Style

Drewish Deli is raising funds on Honeycomb. It is a traditional Jewish deli in Healdsburg, California, renowned for its homemade offerings. Drewish Deli sells delicacies like bagels, pastrami, lox, matzo ball soup, and knishes and serves as a must-visit place for both locals and tourists. The business has received the Best New Business award from the Healdsburg Chamber of Commerce and was featured in the June edition of Wine Spectator magazine. Drew Ross founded Drewish Deli in June 2019. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $60,000. The campaign proceeds will be used for marketing, additional indoor seating and outdoor heat lamps, refinancing high-interest debt, and working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$513,750

$348,361

COGS

$116,827

$111,815

Tax

$0

$0

 

 

Net Income

$-65,837

$13,571

Summary Balance Sheet

FY 2023 FY 2022

Cash

$18,722

$22,264

Accounts Receivable

$0

$0

Total Assets

$225,343

$23,137

Short-Term Debt

$72,312

$48,708

Long-Term Debt

$283,131

$23,296

Total Liabilities

$355,443

$72,004

Financials as of: 07/08/2024
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Drewish Deli on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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