Happy Cows Group Share
Prepared Foods
Overview
Raised: $16,650
Total Commitments ($USD)
Platform
Honeycomb
Start Date
06/07/2022
Close Date
08/19/2022
Min. Goal
$12,500
Max. Goal
$75,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
9.25%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$231
# of Investors
31
Momentum
Funded
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Year Founded
2016
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Happy Cows Group Share is raising funds on Honeycomb. It is a local bulk grocery business in Seven Hills, Ohio. The business purchases locally-raised meat in large bulk and offers it to local customers in small, affordable, and manageable shares at a bulk price. Happy Cows Group Share also offers retail cuts and a variety of locally-made food products and local produce. The company also offers customization of shares and delivery as well as online ordering. Diana Siemer founded Happy Cows Group Share in January 2016. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for inventory invoices, refrigeration, larger space, new freezer, marketing, and delivery truck down payment.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$50,676 |
$0 |
|
COGS |
$23,588 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-2,986 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$5,316 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$6,445 |
$0 |
|
Short-Term Debt |
$2,865 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$2,865 |
$0 |
Financials as of: 06/07/2022
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