KC Mac N Co

KC Mac N Co

Making Mac N Cheese a center-of-the-plate entree

Making Mac N Cheese a center-of-the-plate entree

Overview

Raised this Round: Raised: $28,100

Total Commitments ($USD)

Platform

Honeycomb

Start Date

09/05/2023

Close Date

10/05/2023

Min. Goal
$25,000
Max. Goal
$85,000
Min. Investment

$250

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

3.0 years

Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

CHICAGO, Illinois

Business Type

Life Style

KC Mac N Co is raising funds on Honeycomb. The company is a specialty Mac and Cheese restaurant based in Kansas City. They offer a variety of innovative Mac and Cheese dishes, catering to food enthusiasts who crave delicious comfort food with a twist. In 2023, KC Mac N Co won the prestigious "Best in Mac in KC" award by KC Parent and has been featured in various publications like Kansas City Star, Kansas City Magazine, and The Business Journal. Steven Austin founded KC Mac N Co in 2019. The current crowdfunding campaign has a minimum target of $55,000 and a maximum target of $85,000. The campaign proceeds will be used to enhance KC Mac N Co, including marketing efforts, expanding outdoor seating, working capital, payroll, and product development for their new location.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$272,626

$287,674

COGS

$27,515

$15,997

Tax

$0

$0

 

 

Net Income

$52,290

$45,679

Summary Balance Sheet

FY 2022 FY 2021

Cash

$100,629

$26,461

Accounts Receivable

$1,141

$0

Total Assets

$103,574

$26,461

Short-Term Debt

$77,942

$6,138

Long-Term Debt

$0

$0

Total Liabilities

$77,942

$6,138

Financials as of: 09/05/2023
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
KC Mac N Co 10/05/2023 Honeycomb - $28,100 Debt Funded RegCF

No prior online funding rounds.

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KC Mac N Co on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, KC Mac N Co may no longer be accepting investments.

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