Golden Hour

Golden Hour

Restaurant and Bar

Restaurant and Bar

Overview

Raised to Date: Raised: $17,570

Total Commitments ($USD)

Platform

SMBX

Start Date

05/06/2024

Close Date

05/28/2024

Min. Goal
$10,000
Max. Goal
$50,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

2.0 years

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/18/2024

Days Remaining

9

% of Min. Goal

176%

% of Max. Goal

35%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,464

Momentum
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Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Austin, Texas

Business Type

Life Style

Golden Hour is raising funds on SMBX. It is a restaurant and bar in Austin, Texas, known for its European-style food and wine. Golden Hour offers a cafe environment in the day with specialty coffee and breakfast burritos and transitions into a wine bar by the evening. The business has a loyal customer base and is known for its 100% natural wine list, craft beers, wine-based cocktails, and special food. Barclay Stratton and Evan Dunivan founded Golden Hour in November 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $50,000. The campaign proceeds will be used for debt consolidation, marketing, and operations.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$739,865

$75,386

COGS

$349,521

$80,310

Tax

$0

$0

 

 

Net Income

$-87,487

$-140,627

Summary Balance Sheet

FY 2023 FY 2022

Cash

$17,392

$19,120

Accounts Receivable

$0

$0

Total Assets

$29,998

$19,120

Short-Term Debt

$23,025

$8,497

Long-Term Debt

$0

$0

Total Liabilities

$23,025

$8,497

Financials as of: 05/06/2024
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Golden Hour on SMBX 2024
Platform: SMBX
Security Type: Debt

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