Hangry Burger

Hangry Burger

Restaurant

Restaurant

Overview

Raised to Date: Raised: $8,250

Total Commitments ($USD)

Platform

Honeycomb

Start Date

08/11/2023

Close Date

09/24/2023

Min. Goal
$40,000
Max. Goal
$80,000
Min. Investment

$100

Security Type

Debt

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

14.00%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

09/26/2023

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$188

# of Investors

10

Momentum
Not Funded
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Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Location

SPRINGFIELD, Virginia

Hangry Burger is raising funds on Honeycomb. It is a burger joint in Springfield, Virginia, that serves creative and delicious burgers, fries, and shakes. Hangry Burger’s food is made using fresh and high-quality ingredients, including fresh beef, chicken, lamb, and fish. The business also makes its sauces and burgers in-house and has a full bar with local beers, boozy shakes, signature cocktails, and wine. Julius Islam and Kochi Rashid founded Hangry Burger in October 2018. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $80,000. The campaign proceeds will be used for paying off square and credit card loans and marketing.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$494,690

$92,247

COGS

$178,230

$96,753

Tax

$0

$0

 

 

Net Income

$47,370

$-265,921

Summary Balance Sheet

FY 2022 FY 2021

Cash

$34,573

$6,335

Accounts Receivable

$0

$0

Total Assets

$402,611

$420,613

Short-Term Debt

$-3,646

$24,965

Long-Term Debt

$47,259

$0

Total Liabilities

$43,613

$24,965

Financials as of: 08/11/2023
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Hangry Burger on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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