Mama Noy’s Kitchen

Catering
Overview
Raised: $4,100
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/24/2023
Days Remaining
Not Funded
% of Min. Goal
16%
% of Max. Goal
4%
Likelihood of Max
Not Funded
Avg. Daily Raise
$141
# of Investors
6
Momentum
Not Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
High
Mama Noy’s Kitchen is raising funds on Honeycomb. It is a catering business in Austin, Texas, that creates delicious and soulful dishes using Laotian and Tex-Mex flavors. The Asian-fusion cuisine of Mama Noy’s Kitchen caters to corporate events, markets, weddings, and festivals. The business also sells its signature chili oils through its own website, Etsy, and local farmers’ markets. Mama Noy’s Kitchen has a loyal customer base and grew its revenue by 33% year-over-year in 2022. Noy Keomorokot founded Mama Noy’s Kitchen in December 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for refinancing high-interest debt.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$173,083 |
$0 |
COGS |
$34,135 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$22,921 |
$0 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$9,667 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$153,443 |
$0 |
Short-Term Debt |
$30,937 |
$0 |
Long-Term Debt |
$112,668 |
$0 |
Total Liabilities |
$143,605 |
$0 |
Financials as of: 02/22/2023
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