Original Taco Pete

Original Taco Pete

Restaurant

Restaurant

Overview

Raised this Round: Raised: $500

Total Commitments ($USD)

Platform

Honeycomb

Start Date

12/13/2023

Close Date

01/12/2024

Min. Goal
$60,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.25%

Term Length

3.0 years

Year Founded

2022

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Los Angeles, California

Business Type

Life Style

Original Taco Pete Restaurants is raising funds on Honeycomb. It is a family-owned taco restaurant in Los Angeles, California. Original Taco Pete Restaurants has been serving mouthwatering tacos and burritos for over three decades and is known for its culinary excellence and community love. The restaurant weaves stories and flavors into its food and uses high-quality and fresh ingredients to make its offerings, including burgers, pastrami sandwiches, and more. Aaron Jones founded Original Taco Pete Restaurants in April 2022. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used to purchase a food trailer and truck.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$344,695

$0

COGS

$132,263

$0

Tax

$0

$0

 

 

Net Income

$10,922

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$37,752

$0

Accounts Receivable

$0

$0

Total Assets

$44,139

$0

Short-Term Debt

$18,399

$0

Long-Term Debt

$-785

$0

Total Liabilities

$17,614

$0

Financials as of: 12/13/2023
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Original Taco Pete Restaurants on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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