Porky's Bar & Grill

Porky's Bar & Grill

Porky’s Bar and Grill has been staple in the Etna community for over 124 years.

Porky’s Bar and Grill has been staple in the Etna community for over 124 years.

Overview

Raised to Date: Raised: $11,250

Total Commitments ($USD)

Platform

Honeycomb

Start Date

01/21/2020

Close Date

04/23/2020

Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2020

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

$121

# of Investors

17

Momentum
Funded
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Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Pittsburgh, Pennsylvania

Business Type

Life Style

Porky’s Bar & Grill, the premier taphouse and bottle shop in Etna, is raising funds on Honeycomb Credit. The bar and grill serves local craft beers from across the country and delicious food. The chefs create a weekly menu and keep adding new brunch items, in addition to their specialty cocktails. Porky’s Bar & Grill was founded in 1895 and, after several events and changes in ownership, is currently owned by Chad Jockel and Nick Weiss. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $107,000, and the funds will be used to consolidate debt, make external and internal improvements, and expand the business. Porky’s Bar & Grill has been serving the Etna community for 124 years, with loyal customers and experienced staff. The bar and grill offers 28 taps and many craft beers that are not available anywhere else in Pennsylvania.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$222,216

$0

COGS

$131,945

$0

Tax

$0

$0

 

 

Net Income

$-37,115

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$11,557

$0

Accounts Receivable

$0

$0

Total Assets

$13,862

$0

Short-Term Debt

$0

$0

Long-Term Debt

$79,263

$0

Total Liabilities

$79,263

$0

Financials as of: 01/21/2020
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Porky’s Bar & Grill on Honeycomb
Platform: Honeycomb
Security Type: Debt

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