Grass Fed

Grass Fed

Restaurant

Restaurant

Overview

Raised to Date: Raised: $6,150

Total Commitments ($USD)

Platform

Honeycomb

Start Date

04/29/2024

Close Date

05/29/2024

Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.50%

Term Length

3.0 years

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/20/2024

Days Remaining

9

% of Min. Goal

25%

% of Max. Goal

12%

Likelihood of Max
unlikely
Avg. Daily Raise

$293

# of Investors

12

Momentum
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Year Founded

2023

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Portland, Oregon

Business Type

Life Style

Grass Fed is raising funds on Honeycomb. It is a unique vegan restaurant in Portland, Oregon. Grass Fed is revolutionizing the vegan culinary industry by intersecting flavors with innovation to create a sustainable and plant-based future. The restaurant is committed to pushing boundaries, delivering dining experiences, and setting trends, and has received several awards for its innovation and creativity. Brian Steadham, Tyler Sirna, and Cammeron Kelso founded Grass Fed in April 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for the first month’s rent and deposit, restaurant construction, supplies, kitchen equipment, loan consolidation, painting, and decor.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$22,550

$0

COGS

$6,035

$0

Tax

$0

$0

 

 

Net Income

$10,869

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$13,928

$0

Accounts Receivable

$28,000

$0

Total Assets

$42,928

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 04/29/2024
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Grass Fed on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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