Hieber’s Pharmacy
Growth Stage
Pharmacy
Analytics
Raised: $86,429
Aggregate Commitments $
Platform
Honeycomb
Start Date
03/31/2022
Close Date
05/17/2022
Min. Goal
$75,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Debt
Funding Type
RegCF
Series
Pre-Seed
Rolling Commitments $
Status
Funded
Reporting Date
05/25/2022
Days Remaining
Funded
% of Min. Goal
115%
% of Max. Goal
35%
Likelihood of Max
Funded
Avg. Daily Raise
$1,839
Momentum
Funded
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Location
Pittsburgh, Pennsylvania
Industry
Healthcare & Pharmaceuticals
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Hieber’s Pharmacy is raising funds on Honeycomb. It is a compounding pharmacy in Pittsburgh, PA, that makes sterile and non-sterile medications specific to the patients’ needs. The medications of Hieber’s Pharmacy are accessible and affordable and are suitable for adults, babies, adolescents, the elderly, pets, and exotic animals. The business is the oldest pharmacy in the area and is opening up a new location in the Strip District with a compounding lab and soda fountain. Rosemary Mihalko founded Hieber’s Pharmacy in January 2019. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing, advertising, branding, soda fountain construction, and other initial construction costs.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1,202,605 |
$908,338 |
|
COGS |
$426,318 |
$438,762 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$128,307 |
$-64,241 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$54,295 |
$120,076 |
|
Accounts Receivable |
$-11 |
$11,549 |
|
Total Assets |
$332,319 |
$440,222 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$288,495 |
$331,822 |
|
Total Liabilities |
$288,495 |
$331,822 |
Financials as of: 03/31/2022
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