Love of Honey

Love of Honey

Food

Food

Overview

Raised this Round: Raised: $29,500

Total Commitments ($USD)

Platform

MainVest

Start Date

08/05/2021

Close Date

10/09/2021

Min. Goal
$10,000
Max. Goal
$200,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Falmouth, Virginia

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: 08/05/2021
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Love of Honey on MainVest 2021
Platform: MainVest
Security Type: Revenue Share

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