Foster’s Kitchen
[Closed for Investment] Foster’s Kitchen is raising funds on Honeycomb. It is a food destination in Kailua Kona, Hawaii, bringing farm-to-table dining to life. Foster’s Kitchen offers a diverse menu featuring fresh and locally sourced ingredients and focuses on creativity and a warm atmosphere. The business has a loyal customer base and has been featured on several shows, including Guy Fieri’s Diners Drive-Ins and Dives, Hawaii News Now, and Ikaika’s Kitchen. Michael Malouf, Sarah Foster, and Jeffrey Foster founded Foster’s Kitchen in March 2014. 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 equipment, flooring, and tables and chairs replacement.
Investment Overview
Raised: $85,816
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 09/13/2024
- Close Date
- 10/30/2024
$60,000
$124,000
$100
Debt
Pre-Seed
RegCF
10.50%
3.0 years
Company & Team
Company
- Year Founded
- 2014
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +3% YoY
- $4,037,779
- Monthly Burn
- Profitable
- Cash on Hand
- $12,813
- Gross Margin
- 74%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/30/2024 | Honeycomb | - | $85,816 | Debt | Funded | RegCF |