Hieber’s Pharmacy

Growth Stage

Pharmacy

Analytics

Raised to Date: 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
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Pittsburgh, Pennsylvania

Industry

Healthcare & Pharmaceuticals

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

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
Log in or create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Analyst Reports (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including KingsCrowd ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by KingsCrowd ratings
Company specific KingsCrowd rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Hieber’s Pharmacy on Honeycomb 2022
$
Platform: Honeycomb
Security Type: Debt

Follow company

Follow Hieber’s Pharmacy on Honeycomb 2022
View on Honeycomb (Closed)
Bullish / Bearish
You're Bullish on Hieber’s Pharmacy on Honeycomb 2022

Thank you for your vote on Hieber’s Pharmacy on Honeycomb 2022

Bullish / Bearish
You're Bearish on Hieber’s Pharmacy on Honeycomb 2022

Thank you for your vote on Hieber’s Pharmacy on Honeycomb 2022