Lowkey Burritos
Restaurant
Overview
Raised: $2,150
Total Commitments ($USD)
Platform
Honeycomb
Start Date
07/26/2023
Close Date
08/24/2023
Min. Goal
$25,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
12.00%
Term Length
3.0 years
Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Lowkey Burritos is raising funds on Honeycomb. The business is based in Los Angeles, California, and is known for its burritos and coffee offerings. Lowkey Burritos serves a variety of burritos in classic and innovative flavors made using fresh ingredients. The coffee menu of Lowkey Burritos includes a variety of specialty blends and different brewing methods. The business serves tourists, locals, students, and food enthusiasts and plans to open its first brick-and-mortar location soon. Matt Stevanus and Alan Gomez founded Lowkey Burritos in March 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for the turnkey restaurant, an espresso machine, a brewer, grinders, a grill, and water filtration.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 07/26/2023
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Lowkey Burritos | 08/24/2023 | Honeycomb | - | $2,150 | Debt | Not Funded | RegCF |
No prior online funding rounds.
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