Gullo Seafood
About this raise
Gullo Seafood is raising funds on Honeycomb. It is a wholesale seafood business in Westbury, New York. Gullo Seafood caters to a variety of clients, including hospitals, airlines, hotels, and restaurants, and has been recognized as one of the Top 10 seafood distributors for its high quality and service. The business has been highlighted in various TV and radio talk shows and plans to open a retail location soon. Frank Gullo founded Gullo Seafood in December 2006. 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 inventory, the opening of the new retail space, and the purchase of equipment.
Investment Overview
Not Funded: $8,350
Deal Terms
Company & Team
Company
- Year Founded
- 2006
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +172% YoY
- $13,217,381
- Monthly Burn
- $27,824
-
Runway
- 24+ months
- Gross Margin
- 30%
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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 |
---|---|---|---|---|---|---|
06/27/2024 | Honeycomb | - | $8,350 | Debt | Not Funded | RegCF |