Monday Coffee Company

Monday Coffee Company

Passionate small batch coffee brewers in Chicago

Passionate small batch coffee brewers in Chicago

Overview

Raised this Round: Raised: $124,500

Total Commitments ($USD)

Platform

Honeycomb

Start Date

05/15/2023

Close Date

06/30/2023

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.50%

Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Location

CHICAGO, Illinois

Monday Coffee Company is raising funds on Honeycomb. Co-founders Amanda Harth and Felton Kizer launched Monday Coffee Co in 2020, as a pop up, in order to keep people connected during a period of isolation. They sold out in their first week and have been profitable in the two years since. Named one of the best coffee shops in Chicago while still functioning as a pop-up, they're currently raising funds for their first brick-and-mortar location. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used to build out Monday Coffee Co’s new space, purchase equipment, and employee training.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$176,627

$65,539

COGS

$63,520

$15,201

Tax

$0

$0

 

 

Net Income

$8,587

$7,978

Summary Balance Sheet

FY 2022 FY 2021

Cash

$754

$1,541

Accounts Receivable

$0

$0

Total Assets

$754

$1,541

Short-Term Debt

$5,919

$0

Long-Term Debt

$0

$0

Total Liabilities

$5,919

$0

Financials as of: 05/15/2023
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Monday Coffee Company on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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