Irie Diner

Early Stage

Restaurants

Analytics

Raised to Date: Raised: $52,050

Aggregate Commitments $

Platform

Honeycomb

Start Date

06/07/2022

Close Date

07/25/2022

Min. Goal

$50,000

Max. Goal

$125,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

30

% of Min. Goal

104%

% of Max. Goal

42%

Likelihood of Max
likely
Avg. Daily Raise

$2,892

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Jacksonville, Florida

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Irie Diner is raising funds on Honeycomb. It is a full-service casual dining restaurant in Orange Park, Florida. The restaurant’s menu reflects the Caribbean diaspora and includes dishes with bold Caribbean flavors. It also serves beer, draft beer, an assortment of wines, and wine-based cocktails. Irie Diner is supported by local businesses and has customers of all ages, professions, and walks of life. The business’s revenue is on track to grow by 27% year-over-year in 2022. Peter Jackson founded Irie Diner in January 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $125,000. The campaign proceeds will be used for front patio construction, marketing, dining room improvements, hiring, and debt refinancing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$485,494

$382,365

COGS

$103,792

$111,245

Tax

$0

$0

 

 

Net Income

$130,024

$97,150

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$11,852

$5,342

Accounts Receivable

$0

$0

Total Assets

$76,306

$79,607

Short-Term Debt

$33,280

$15,873

Long-Term Debt

$55,588

$53,478

Total Liabilities

$88,868

$69,351

Financials as of: 06/07/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Analyst Report Analyst Report Methodology Article

Pending Review

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
Irie Diner on Honeycomb 2022
$
Platform: Honeycomb
Security Type: Debt

Follow company

Follow Irie Diner on Honeycomb 2022
View on Honeycomb
Bullish / Bearish
You're Bullish on Irie Diner on Honeycomb 2022

Thank you for your vote on Irie Diner on Honeycomb 2022

Bullish / Bearish
You're Bearish on Irie Diner on Honeycomb 2022

Thank you for your vote on Irie Diner on Honeycomb 2022