Hieber’s Pharmacy (2022)

Hieber’s Pharmacy (2022)

About this raise

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.

Expand

Investment Overview

Invested this round: $86,429

Deal Terms

Total 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

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2019
Industry
Healthcare & Pharmaceuticals
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Pittsburgh, Pennsylvania
Business Type
Life Style
Company Website
Visit Website

Team

Employees
15
Prior Founder Exits?
No
Founder Name
Rosemary Sassic
Title
CEO & Owner

Financials

 Revenue +32% YoY
$1,202,605
 Monthly Burn
Profitable
 Cash on Hand
$54,295
 Gross Margin
65%

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

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/25/2024 Honeycomb - $75,000 Debt Funded RegCF
05/17/2022 Honeycomb - $86,429 Debt Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

Growth Charts

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

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Hieber’s Pharmacy on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

Follow company

Follow Hieber’s Pharmacy on Honeycomb 2022

Buy Hieber’s Pharmacy's Deal Report

Warning: according to the close date for this deal, Hieber’s Pharmacy may no longer be accepting investments.

Hieber’s Pharmacy Deal Report

Get Kingscrowd's comprehensive report on Hieber’s Pharmacy including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Hieber’s Pharmacy is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Hieber’s Pharmacy deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge