LOL Burger Bar
[Closed for Investment] LOL Burger Bar is raising funds on Honeycomb. It is a culinary venture in Atlanta, Georgia, known for its burgers, wings, and milkshakes. LOL Burger Bar was voted as one of the “Top 10 Burgers in Atlanta” during Atlanta Burger Week for two weeks in a row and was featured in the Atlantan Magazine’s July 2024 issue. The business has a loyal customer base and plans to expand soon into franchising. Cassidy Jones founded LOL Burger Bar in September 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used to move into the second location, market the business, obtain the liquor license, and fund the working capital.
Investment Overview
Raised: $5,350
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 07/16/2024
- Close Date
- 08/29/2024
$50,000
$100,000
$100
Debt
Pre-Seed
RegCF
13.00%
3.0 years
Company & Team
Company
- Year Founded
- 2022
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $198,299
- Monthly Burn
- $5,209
-
Runway
- 0.3 months
- Gross Margin
- 61%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/29/2024 | Honeycomb | - | $5,350 | Debt | Not Funded | RegCF |