Read It & Eat Box
Retail Shop
Overview
Raised: $9,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
02/16/2023
Close Date
04/03/2023
Min. Goal
$24,000
Max. Goal
$25,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
11.25%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/03/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$200
# of Investors
21
Momentum
Not Funded
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Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Read It & Eat Box is raising funds on Honeycomb. The business curates special and unique culinary adventures in its book and food boxes. Read It & Eat Box pairs books with snacks from small businesses, along with a food-oriented story across different genres. Examples of culinary boxes of Read It & Eat Box include the Blind Date with Book box, Coffee box, and Cheese box. Kimberly Behzadi founded Read It & Eat Box in October 2021. The current crowdfunding campaign has a minimum target of $24,000 and a maximum target of $25,000. The campaign proceeds will be used for a book fair and market, website relaunch, inventory, and team expansion.
Summary Profit and Loss Statement
| FY 2021 | FY 2020 | |
|---|---|---|
|
Revenue |
$16,847 |
$0 |
|
COGS |
$15,556 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-38,760 |
$0 |
Summary Balance Sheet
| FY 2021 | FY 2020 | |
|---|---|---|
|
Cash |
$2,388 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$5,673 |
$0 |
|
Short-Term Debt |
$4,642 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$4,642 |
$0 |
Financials as of: 02/16/2023
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