Frisco’s Chicken

Frisco’s Chicken

Peruvian Restaurant

Peruvian Restaurant

Overview

Raised this Round: Raised: $67,104

Total Commitments ($USD)

Platform

Honeycomb

Start Date

04/04/2022

Close Date

05/23/2022

Min. Goal
$25,000
Max. Goal
$200,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Lancaster, Pennsylvania

Business Type

Life Style

Frisco’s Chicken is raising funds on Honeycomb. It is a first-of-its-kind Peruvian-style chicken quick-service restaurant in Lancaster, PA. The offerings of the restaurant include its signature Peruvian Charcoal Chicken cooked on charcoal-fired rotisseries and other homemade sides, empanadas, bowls, and desserts. Frisco’s Chicken has a loyal customer base and has won several awards. Francisco Gomez De La Torre and Josh Rinier founded Frisco’s Chicken in March 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $200,000. The campaign proceeds will be used for purchasing equipment, training and set up of logistical systems, and covering build-out costs of a commissary.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$977,022

$99,211

COGS

$370,904

$50,327

Tax

$0

$0

 

 

Net Income

$43,187

$-66,389

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$190,716

$12,960

Accounts Receivable

$0

$0

Total Assets

$276,715

$48,841

Short-Term Debt

$24,418

$5,534

Long-Term Debt

$115,441

$81,098

Total Liabilities

$139,859

$86,632

Financials as of: 04/04/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Frisco’s Chicken 05/22/2022 Honeycomb - $67,104 Debt Funded RegCF
Frisco’s Chicken 12/17/2020 MainVest - $9,400 Revenue Share Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Frisco’s Chicken on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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