Mezclado Sauce Company

Mezclado Sauce Company

Restaurants

Restaurants

Overview

Raised to Date: Raised: $30,000

Total Commitments ($USD)

Platform

Honeycomb

Start Date

04/02/2023

Close Date

05/03/2023

Min. Goal
$25,000
Max. Goal
$30,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

14.00%

Term Length

5.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/30/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,000

# of Investors

62

Momentum
Funded
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Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

MONACA, Pennsylvania

Business Type

Growth

Mezclado Sauce Company is raising funds on Honeycomb. The company makes inventive hot sauces using fresh chili peppers from farms in Puerto Rico. The pepper sauce of Mezclado Sauce Company is made using all-natural and Caribbean-inspired ingredients and is fermented and blended with pineapple vinegar and herbs. Mezclado Sauce Company sells to retailers and food establishments to make recipes using the sauce and to resell the sauce as a stand-alone product. Eric Corbin founded Mezclado Sauce Company in June 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $30,000. The campaign proceeds will be used for FDA licensing and testing, website marketing, contract bottling, purchasing branded tents for events, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$2,634

$0

COGS

$1,241

$0

Tax

$0

$0

 

 

Net Income

$-526

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$857

$0

Accounts Receivable

$0

$0

Total Assets

$3,425

$0

Short-Term Debt

$13

$0

Long-Term Debt

$0

$0

Total Liabilities

$13

$0

Financials as of: 04/02/2023
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Mezclado Sauce Company on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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