Patriot Pet Supply
Pet Shop
Overview
Raised: $10,349
Total Commitments ($USD)
Platform
Honeycomb
Start Date
08/19/2024
Close Date
10/14/2024
Min. Goal
$60,000
Max. Goal
$120,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
14.00%
Term Length
3.0 years
Year Founded
2023
Industry
Pet Health, Food, and Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Patriot Pet Supply is raising funds on Honeycomb. It is a pet specialty store in Elverson, Pennsylvania, dedicated to enhancing the well-being of pets and their owners. Patriot Pet Supply offers a variety of premium pet products, including toys, grooming supplies, food, and accessories, and is committed to high-quality and personalized service. The business is led by a dedicated veteran who is passionate about ensuring that pets lead happy and healthy lives. Stephen Shade founded Patriot Pet Supply in February 2023. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $120,000. The campaign proceeds will be used for inventory, marketing, building out a grooming salon, and new floor displays.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$312,431 |
$0 |
|
COGS |
$191,490 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-94,571 |
$0 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$13,855 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$75,531 |
$0 |
|
Short-Term Debt |
$5,237 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$5,237 |
$0 |
Financials as of: 08/19/2024
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Patriot Pet Supply | 10/14/2024 | Honeycomb | - | $10,349 | Debt | Active | RegCF |
No prior online funding rounds.
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