Ollin Cafetzin
Coffee Shop
Overview
Raised: $14,500
Total Commitments ($USD)
Platform
Honeycomb
Start Date
08/18/2023
Close Date
09/30/2023
Min. Goal
$40,000
Max. Goal
$80,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
12.00%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/26/2023
Days Remaining
4
% of Min. Goal
36%
% of Max. Goal
18%
Likelihood of Max
Avg. Daily Raise
$372
# of Investors
20
Momentum
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Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Ollin Cafetzin is raising funds on Honeycomb. It is a community gathering space in Denver, Colorado that will function as a coffee shop and ethnic studies library. Ollin Cafetzin means Movement Coffee and offers a rich cultural experience by combining coffee sourced from Latin America with an extensive collection of ethnic studies books. The business aims to become a space for people to have critical conversations and savor high-quality coffee. Cynthia Moreno founded Ollin Cafetzin in November 2022. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $80,000. The campaign proceeds will be used for construction costs and working capital.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 08/18/2023
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