Pet Wants Chardon

FRESH Pet Food

Overview

Raised to Date: Raised: $3,200

Total Commitments ($USD)

Platform

Honeycomb

Start Date

04/20/2021

Close Date

06/03/2021

Min. Goal

$40,000

Max. Goal

$175,000

Min. Investment

$100

Security Type

Debt

Series

Seed

Funding Type

RegCF

Rolling Commitments ($USD)

Status
Funded
Reporting Date

06/30/2021

Days Remaining
Funded
% of Min. Goal

8%

% of Max. Goal

2%

Likelihood of Max
Funded
Avg. Daily Raise

$73

# of Investors

6

Momentum
Funded
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Location

MADISON, Ohio

Industry

Pet Health, Food, and Services

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

Pet Wants Chardon, a pet food producer in Ohio, is raising crowdfunding on Honeycomb. The company produces dog and cat food locally, fresh every six weeks. The food is not mass-produced and slow-cooked to retain the highest nutrients possible. Danielle Moats and Jason Moats founded Pet Wants Chardon in 2019. The proceeds of the current crowdfunding round, with a minimum goal of $40,000 and a maximum goal of $175,000, will be used for store furnishings, inventory, leasehold improvements, upgrades, operating expenses, and refinancing debt. Pet Wants Chardon also makes single-ingredient treats, natural chews, housemade s’Paw products, and natural supplements for cats and dogs.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$318,067

$34,748

COGS

$156,173

$38,538

Tax

$0

$0

 

 

Net Income

$19,319

$-31,087

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$13,580

$12,614

Accounts Receivable

$0

$0

Total Assets

$194,081

$192,492

Short-Term Debt

$67,188

$64,654

Long-Term Debt

$113,168

$120,292

Total Liabilities

$180,356

$184,946

Financials as of: 04/20/2021
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Pet Wants Chardon on Honeycomb
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Platform: Honeycomb
Security Type: Debt

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