Kravegan
Restaurants
Overview
Raised: $51,500
Total Commitments ($USD)
Platform
Honeycomb
Start Date
05/09/2022
Close Date
07/05/2022
Min. Goal
$40,000
Max. Goal
$200,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$920
# of Investors
35
Momentum
Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Kravegan is raising funds on Honeycomb. The restaurant is located in Orange Park, Florida, and sells 100% vegan and plant-based foods, desserts, and sauces. The menu of Kravegan is bold and impeccably delicious and devoid of MSG, chemicals, corn syrup, and preservatives. Kravegan has a loyal customer base and has been voted the winner of the JAX Best Vegan Restaurant award for 2021. LaTasha Kaiser founded Kravegan in March 2018. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $200,000. The campaign proceeds will be used for operations, marketing, logistics and shipping, labels, and sauce production.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$455,885 |
$246,875 |
|
COGS |
$93,738 |
$51,015 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$46,712 |
$-20,379 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$977 |
$1,475 |
|
Accounts Receivable |
$515 |
$0 |
|
Total Assets |
$123,758 |
$117,408 |
|
Short-Term Debt |
$45,173 |
$0 |
|
Long-Term Debt |
$75,145 |
$51,318 |
|
Total Liabilities |
$120,318 |
$51,318 |
Financials as of: 05/09/2022
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