Pietrzyk Pierogi

Pietrzyk Pierogi

Make Pierogi, eat love

Make Pierogi, eat love

Overview

Raised to Date: Raised: $52,522

Total Commitments ($USD)

Platform

Honeycomb

Start Date

05/12/2024

Close Date

06/09/2024

Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

14.00%

Term Length

3.0 years

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/21/2024

Days Remaining

18

% of Min. Goal

105%

% of Max. Goal

53%

Likelihood of Max
extremely
Avg. Daily Raise

$5,836

# of Investors

41

Momentum
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Year Founded

2017

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B2C

Margin

Low

Capital Intensity

Low

Location

Detroit, Michigan

Business Type

Growth

Pietrzyk Pierogi is raising funds on Honeycomb. The business crafts nutritious and ready-to-eat pierogi and offers a convenient option for customers to enjoy. Pietrzyk Pierogi is based in Detroit, Michigan, and its products are readily available at local grocery markets. The products of Pietrzyk Pierogi are made using high-quality ingredients and traditional recipes and serve as a satisfying meal option for customers. Erica Pietrzyk founded Pietrzyk Pierogi in November 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for new packaging, inventory for national distribution, labor costs, refinancing high-interest debt, retail upgrades, and equipment upgrades.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$440,636

$496,476

COGS

$119,542

$424,084

Tax

$0

$0

 

 

Net Income

$-55,957

$-37,416

Summary Balance Sheet

FY 2023 FY 2022

Cash

$49,186

$43,190

Accounts Receivable

$637

$637

Total Assets

$140,368

$114,801

Short-Term Debt

$141,283

$54,759

Long-Term Debt

$81,319

$81,319

Total Liabilities

$222,602

$136,078

Financials as of: 05/12/2024
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Pietrzyk Pierogi on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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