Knead Local

Early Stage

Food Truck

Analytics

Raised to Date: Raised: $18,200

Aggregate Commitments $

Platform

Honeycomb

Start Date

03/30/2022

Close Date

06/06/2022

Min. Goal

$25,000

Max. Goal

$110,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $

Status

Active

Reporting Date

05/27/2022

Days Remaining

10

% of Min. Goal

73%

% of Max. Goal

17%

Likelihood of Max
unlikely
Avg. Daily Raise

$314

Momentum
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Location

Austin, Texas

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Knead Local is raising funds on Honeycomb. It is an Austin-based vegan food truck with a fine dining experience. The business sources local ingredients and makes delicious vegan food from scratch. Knead Local food truck operates out of The Far Out Lounge and offers a unique sandwich menu, pasta dishes, and small bites. Knead Local first opened in April 2021 and had a profitable year of operations. Chef Steph founded Knead Local in April 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $110,000. The campaign proceeds will be used for commercial flooring, painting, kitchen equipment, licensing, and bathroom renovations.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$51,731

$0

COGS

$13,697

$0

Tax

$0

$0

 

 

Net Income

$7,728

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$9,772

$0

Accounts Receivable

$0

$0

Total Assets

$27,182

$0

Short-Term Debt

$2,677

$0

Long-Term Debt

$0

$0

Total Liabilities

$2,677

$0

Financials as of: 03/30/2022
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Knead Local on Honeycomb 2022
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Platform: Honeycomb
Security Type: Debt

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