Drunken Fruit

Drunken Fruit

Gourmet Food

Gourmet Food

Overview

Raised to Date: Raised: $8,600

Total Commitments ($USD)

Platform

Honeycomb

Start Date

11/10/2023

Close Date

12/25/2023

Min. Goal
$60,000
Max. Goal
$124,000
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

Rolling Commitments ($USD)

Status

Active

Reporting Date

12/02/2023

Days Remaining

23

% of Min. Goal

14%

% of Max. Goal

7%

Likelihood of Max
unlikely
Avg. Daily Raise

$391

# of Investors

10

Momentum
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Year Founded

2017

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Brooklyn, New York

Business Type

Growth

Drunken Fruit is raising funds on Honeycomb. The company makes an original gourmet food product by using real fruit in a proprietary blend of alcohol. Drunken Fruit has about 14 products wherein each blend is distinct, and each fruit is blended with the alcohol in terms of acidity, natural sugar, texture, and aging. The business appeals to a variety of customers, including foodies, cocktail enthusiasts, wine connoisseurs, and dessert lovers, and plans to open a dedicated brick-and-mortar location soon. Renee Jordan and Wayne Jordan founded Drunken Fruit in November 2017. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for the construction of the brick-and-mortar location and equipment purchases.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$57,529

$34,251

COGS

$14,168

$4,527

Tax

$0

$0

 

 

Net Income

$-35,018

$4,336

Summary Balance Sheet

FY 2022 FY 2021

Cash

$4,045

$3,925

Accounts Receivable

$0

$0

Total Assets

$2,069

$4,023

Short-Term Debt

$-25,480

$5,187

Long-Term Debt

$-2,676

$-252

Total Liabilities

$-28,156

$4,935

Financials as of: 11/10/2023
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Drunken Fruit on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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