Grass Fed
Restaurant
Overview
Raised: $6,150
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/20/2024
Days Remaining
9
% of Min. Goal
25%
% of Max. Goal
12%
Likelihood of Max
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
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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