Lion Cub’s Cookies

Lion Cub’s Cookies

[Closed for Investment] Lion Cub’s Cookies is raising funds on Honeycomb. It is a well-known cookie brand in Grandview Heights, Ohio. The bakery makes warm and fresh giant cookies using high-quality ingredients and serves the Ohio community with its cookies and customer service. Lion Cub’s Cookies is also known for its charitable contributions and has been voted Best Cookies in Columbus every year since 2021. Bradley Kaplan founded Lion Cub’s Cookies in January 2022. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $40,000. The campaign proceeds will be used to purchase equipment for the second location in Worthington, Ohio.

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Investment Overview

Raised this Round: Raised: $40,000

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
08/16/2023
Close Date
09/15/2023
Min. Goal
$30,000
Max. Goal
$40,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

8.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Grandview Heights, Ohio
Business Type
Life Style
Company Website
Visit Website

Team

Employees
35
Prior Founder Exits?
No
Founder Name
Bradley Kaplan

Financials

as of Fiscal Year 2022
 Revenue -42.2% YoY
$514,562
 Monthly Burn
Profitable
 Cash on Hand
$620,997

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$514,562

$893,992

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$271,891

$676,111

Summary Balance Sheet

FY 2022 FY 2021

Cash

$620,997

$550,173

Accounts Receivable

$0

$0

Total Assets

$656,544

$550,173

Short-Term Debt

$4,528

$308

Long-Term Debt

$114,674

$127,988

Total Liabilities

$119,202

$128,296

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/15/2023 Honeycomb - $40,000 Debt Funded RegCF
08/16/2023 Honeycomb - $60,000 Debt Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Lion Cub’s Cookies on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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