Meadows Italiano

Meadows Italiano

Italian Restaurant

Italian Restaurant

Overview

Raised this Round: Raised: $650

Total Commitments ($USD)

Platform

Honeycomb

Start Date

06/30/2024

Close Date

07/28/2024

Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.50%

Term Length

3.0 years

Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Mooresville, North Carolina

Business Type

Life Style

Meadows Italiano is raising funds on Honeycomb. It is a pizzeria and deli in Mooresville, North Carolina, known for its wood-fired pizza, sub sandwiches, and other pop-up dishes. Meadows Italiano uses high-quality and fresh ingredients for its products and has a 5-star rating with hundreds of reviews on Google and Yelp. The business serves delicious food and is also a venue for live music and events. Jayson Poluka founded Meadows Italiano in October 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used to construct of a retail space and purchase equipment.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$754,328

$826,946

COGS

$251,081

$251,188

Tax

$0

$0

 

 

Net Income

$56,043

$34,731

Summary Balance Sheet

FY 2023 FY 2022

Cash

$5,525

$17,047

Accounts Receivable

$0

$0

Total Assets

$9,158

$27,891

Short-Term Debt

$13,949

$23,380

Long-Term Debt

$9,038

$12,540

Total Liabilities

$22,987

$35,920

Financials as of: 06/30/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Meadows Italiano 07/27/2024 Honeycomb - $650 Debt Active RegCF
Meadows Italiano 05/25/2021 MainVest - $10,600 Revenue Share Not Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Meadows Italiano on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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