Lola's Kitchen
About this raise
Lola’s Kitchen is raising funds on Honeycomb. It is a family-owned food truck in Erie, Colorado, specializing in Mexican cuisine. Lola’s Kitchen offers tacos, quesadillas, smothered fries, chicken, veggies, Asada, Al Pastor, Birria, and Carnitas and has a roster of local breweries. The food truck participates in local events and festivals and has won several local awards. Jose Rocha founded Lola’s Kitchen in April 2021. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used to purchase licenses and establish revenue streams.
Investment Overview
Not Funded: $21,206
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +70% YoY
- $144,662
- Monthly Burn
- Profitable
- Cash on Hand
- $16,000
- Gross Margin
- 63%
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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 |
---|---|---|---|---|---|---|
09/28/2024 | Honeycomb | - | $21,206 | Debt | Not Funded | RegCF |