Owl Spoon Water Kefir

Owl Spoon Water Kefir

Health and Wellness

Health and Wellness

Overview

Raised to Date: Raised: $33,634

Total Commitments ($USD)

Platform

Honeycomb

Start Date

11/26/2023

Close Date

12/23/2023

Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.25%

Term Length

3.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/30/2023

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

$1,246

# of Investors

49

Momentum
Funded
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Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Midlothian, Virginia

Business Type

Growth

Owl Spoon Water Kefir is raising funds on Honeycomb. The business crafts and sells fermented water kefir in Richmond, Virginia. Owl Spoon Water Kefir makes high-quality fermented beverages and caters to health-conscious customers through its unique and flavorful products. The business has achieved $200,000 in revenue in 2023 and expects to double its revenue in the next two years. Owl Spoon Water Kefir is also focused on sustainability and has a successful bottle return program that has helped them reuse over 25,000 glass bottles. Jay McGee and Kellie Hughes Jordan founded Owl Spoon Water Kefir in November 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for canning runs, additional water kefir culture, electrical upgrades, purchasing a new brewing vessel, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$131,518

$0

COGS

$16,988

$0

Tax

$0

$0

 

 

Net Income

$-23,897

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$-1,131

$0

Accounts Receivable

$0

$0

Total Assets

$-1,131

$0

Short-Term Debt

$18,690

$0

Long-Term Debt

$0

$0

Total Liabilities

$18,690

$0

Financials as of: 11/26/2023
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Owl Spoon Water Kefir on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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