Misfit SnackBar

Misfit SnackBar

Closed: Oct. 2024

About this raise

Misfit SnackBar is raising funds on Honeycomb. It is a fast-casual restaurant in Denver, Colorado, bringing the fun back into roadside dining. Misfit SnackBar aims to offer inventive and unique food filled with the nostalgia of American street food and function as a gathering space for people of all ages. The restaurant has a loyal customer base and has won several awards, like Best New Restaurant, Best Restaurants in Denver, and Essential Denver Restaurants. Bohdan Porytko, Charlie Thomas, and Jared Parker founded Misfit SnackBar in September 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for renovation and initial operating capital.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
08/16/2024
Close Date
10/14/2024
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

11.75%

Term Length

3.0 years

Company & Team

Company

Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Denver, Pennsylvania
Business Type
Life Style
Company Website
Visit Website

Team

Employees
12
Prior Founder Exits?
No
Founder Name
Charlie Thomas
Title
Owner
Founder Name
Bohdan Porytko
Title
Chef/Owner
Founder Name
Jareb Parker
Title
Owner

Funding data not publicly available

Financials

as of Fiscal Year 2023
 Revenue
$777,703
 Monthly Burn
$4,028
 Runway
11.8 months
Gross Margin
31%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$777,703

$0

COGS

$539,724

$0

Tax

$0

$0

 

 

Net Income

$-48,341

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$47,390

$0

Accounts Receivable

$0

$0

Total Assets

$104,044

$0

Short-Term Debt

$29,981

$0

Long-Term Debt

$124,184

$0

Total Liabilities

$154,165

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/14/2024 Honeycomb - $0 Debt Not Funded RegCF
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Misfit SnackBar on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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