JD’s House of Bacon

JD’s House of Bacon

Food Business

Food Business

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Honeycomb

Start Date

09/05/2024

Close Date

10/21/2024

Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

15.50%

Term Length

5.0 years

Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Baltimore, Maryland

Business Type

Growth

JD’s House of Bacon is raising funds on Honeycomb. The food business specializes in European Slab Bacon and skewers them into appetizer sizes. JD’s House of Bacon supplies its bacon to food trucks and festivals and is the only USDA-skewered bacon manufacturer in the US. The business also has a hot sauce line and will be introducing a new bacon jerky line by the end of 2024. David Distenfeld and Joshua Distenfeld founded JD’s House of Bacon in April 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for inventory, labor, new products roll out, and job supplies.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$494,453

$396,695

COGS

$235,275

$198,104

Tax

$0

$0

 

 

Net Income

$-87,677

$-144,051

Summary Balance Sheet

FY 2023 FY 2022

Cash

$24,279

$9,559

Accounts Receivable

$0

$0

Total Assets

$185,740

$287,690

Short-Term Debt

$145,555

$121,224

Long-Term Debt

$158,456

$198,006

Total Liabilities

$304,011

$319,230

Financials as of: 09/05/2024
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
JD’s House of Bacon 10/21/2024 Honeycomb - $0 Debt Active RegCF

No prior online funding rounds.

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JD’s House of Bacon on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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