Drunken Fruit

Gourmet Food
Overview
Raised: $8,600
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/02/2023
Days Remaining
23
% of Min. Goal
14%
% of Max. Goal
7%
Likelihood of Max
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
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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