Heffer BBQ

Heffer BBQ

Craft barbecue restaurant

Craft barbecue restaurant

Overview

Raised this Round: Raised: $50,000

Total Commitments ($USD)

Platform

Honeycomb

Start Date

11/13/2023

Close Date

12/13/2023

Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.25%

Term Length

3.0 years

Year Founded

2022

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Chicago, Illinois

Business Type

Life Style

Heffer BBQ is raising funds on Honeycomb. It is a craft barbecue restaurant in Chicago, Illinois specializing in central Texas and Mexican-inspired cuisine. Heffer BBQ’s menu includes ribs, wings, pulled pork, brisket, and mouth-watering sides. The business has been featured in the Chicago Reader, Chicago Sun Times, and Bon Vivant Culinary Journal and has been recognized by the Chicago Tribune and Infatuation Chicago for its pulled pork and barbecue. Shawn Smith and Leonor Quezada founded Heffer BBQ in April 2022. 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 a new HVAC for the kitchen.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$180,592

$0

COGS

$53,816

$0

Tax

$0

$0

 

 

Net Income

$39,403

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$5,648

$0

Accounts Receivable

$0

$0

Total Assets

$32,956

$0

Short-Term Debt

$1,597

$0

Long-Term Debt

$14,838

$0

Total Liabilities

$16,435

$0

Financials as of: 11/13/2023
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Heffer BBQ on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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