KC Mac N Co
Making Mac N Cheese a center-of-the-plate entree
Overview
Raised: $13,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
09/05/2023
Close Date
10/05/2023
Min. Goal
$25,000
Max. Goal
$85,000
Min. Investment
$250
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
11.25%
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/26/2023
Days Remaining
9
% of Min. Goal
52%
% of Max. Goal
15%
Likelihood of Max
Avg. Daily Raise
$619
# of Investors
7
Momentum
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
CHICAGO, Illinois
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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