Love of Honey

Early Stage

Food

Analytics

Raised to Date: Raised: $29,500

Aggregate Commitments $

Platform

MainVest

Start Date

08/06/2021

Close Date

10/09/2021

Min. Goal

$10,000

Max. Goal

$200,000

Min. Investment

$100

Security Type

Revenue Share Note

Funding Type

RegCF

Rolling Commitments $

Status
Funded
Reporting Date

10/31/2021

Days Remaining
Funded
% of Min. Goal

295%

% of Max. Goal

15%

Likelihood of Max
Funded
Avg. Daily Raise

$461

Momentum
Funded
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Location

Falmouth, Virginia

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

Life Style

Love of Honey, a honey products business in Goochland, VA, is raising funds on MainVest. The company makes varieties of pure honey, honey caramel, and chocolate-covered honey with roasted pecans. George Hatchell founded Love of Honey in June 2020. The proceeds of the current crowdfunding raise, with a minimum target of $50,000 and a maximum target of $200,000, will be used towards the purchase of kitchen equipment and farm equipment and the expansion of the farm. Love of Honey celebrates a natural resource and stimulates local agriculture. The business ensures that its bees have access to abundant food sources, water, and everything they need for good health and survival.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$47,057

$0

COGS

$29,111

$0

Tax

$0

$0

 

 

Net Income

$-7,217

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$2,898

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 08/06/2021
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Love of Honey on MainVest 2021
$
Platform: MainVest
Security Type: Revenue Share Note

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