Kelly Family Distributors
Beverage Distributor with Wholesale Operations in Georgia
Overview
Raised: $0
Total Commitments ($USD)
Platform
Honeycomb
Start Date
09/07/2023
Close Date
10/09/2023
Min. Goal
$32,000
Max. Goal
$64,000
Min. Investment
$0
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
13.00%
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/30/2023
Days Remaining
9
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$0
Momentum
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Year Founded
2021
Industry
Tech Sector
Location
Kennesaw, Georgia
Kelly Family Distributors is raising funds on Honeycomb. The company is a full-service beverage distributor with wholesale operations in Georgia. The family-owned business offers a range of spirits, wine, and beer. Kira and Ricardo Kelly founded Kelly Family Distributors in 2021. The current crowdfunding campaign has a minimum target of $32,000 and a maximum target of $64,000. The campaign proceeds will be used to purchase a delivery vehicle and expand product offerings.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$97,650 |
$8,564 |
|
COGS |
$86,581 |
$2,810 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-80,305 |
$740 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$-21,907 |
$329 |
|
Accounts Receivable |
$536 |
$0 |
|
Total Assets |
$-8,331 |
$329 |
|
Short-Term Debt |
$246 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$246 |
$0 |
Financials as of: 09/07/2023
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