Phew’s Pies
Restaurants
Overview
Raised: $34,275
Total Commitments ($USD)
Platform
Honeycomb
Start Date
05/02/2023
Close Date
06/16/2023
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
13.50%
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/03/2023
Days Remaining
13
% of Min. Goal
69%
% of Max. Goal
28%
Likelihood of Max
Avg. Daily Raise
$1,071
# of Investors
29
Momentum
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
ATLANTA, Georgia
Phew’s Pies is raising funds on Honeycomb. It is a mobile pizzeria in Atlanta, Georgia, that specializes in 12-inch handmade gourmet pizzas. The food company merges the traditions of Neapolitan pizza with the culture of Atlanta to create delicious and high-quality pizzas in flavors like Oxtail & Ricotta, Margherita, and Lemon Pepper Wet pizza. Phew’s Pies also offers catering and private event services and conducts popups by partnering with local establishments. Matthew Foster founded Phew’s Pies in September 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for a prep kitchen, purchasing a food truck, and working capital.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$126,561 |
$129,989 |
|
COGS |
$24,745 |
$40,659 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$29,807 |
$33,235 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$2,972 |
$3,654 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$5,972 |
$6,654 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 05/02/2023
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