Heffer BBQ
About this raise
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.
Investment Overview
Invested : $50,000
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 11/14/2023
- Close Date
- 12/13/2023
$25,000
$50,000
$100
Debt
Quarterly
RegCF
12.25%
3.0 years
Company & Team
Company
- Year Founded
- 2022
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
-
$180,592
as of FY2022
- Monthly Burn
-
Profitable
as of FY2022
-
Cash on Hand
-
$5,648
as of FY2022
- Gross Margin
-
70%
as of FY2022
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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 |
|---|---|---|---|---|---|---|
| 12/13/2023 | Honeycomb | - | $50,000 | Debt | Funded | RegCF |