Heavenly Chicken & Waffles

Heavenly Chicken & Waffles

A food company

A food company

Overview

Raised to Date: Raised: $13,580

Total Commitments ($USD)

Platform

Honeycomb

Start Date

07/28/2020

Close Date

09/10/2020

Min. Goal
$10,000
Max. Goal
$35,000
Min. Investment

$100

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/29/2020

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$316

# of Investors

16

Momentum
Funded
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Year Founded

2006

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Southfield, Michigan

Business Type

Life Style

Heavenly Chicken & Waffles, a food company in Detroit, MI, is raising funds on Honeycomb. The company handmakes delicious fried chicken and waffles and offers its services to customers in a friendly and professional manner. Heavenly Chicken & Waffles uses only organic ingredients for its offerings, sourced by Eastern Market. Heavenly Chicken & Waffles was founded by Aaron Sanders in 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $35,000, and the funds will be used to expand the business by purchasing a new food truck and equipment. The proceeds will also be used for marketing and inventory. Heavenly Chicken & Waffles has an excellent reputation for its food and service and plans to expand across the state of Michigan.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$49,775

$62,510

COGS

$7,899

$15,750

Tax

$0

$0

 

 

Net Income

$4,379

$24,085

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$7,759

$6,250

Accounts Receivable

$0

$0

Total Assets

$44,237

$38,750

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 07/28/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Heavenly Chicken & Waffles 07/06/2024 Honeycomb - $0 Debt Active RegCF
Heavenly Chicken & Waffles 09/09/2020 Honeycomb - $13,580 Debt Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Heavenly Chicken & Waffles on Honeycomb
Platform: Honeycomb
Security Type: Debt

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