Red Feather

Red Feather

Closed: Jan. 2021

About this raise

Red Feather, a farm to table restaurant in Ohio, is raising crowdfunding on Honeycomb. The contemporary American restaurant offers a casual dining experience, using classic culinary techniques. It is also an excellent meeting place for friends, business meetings, date nights, and other celebrations. Red Feather is owned by Chef Brad Bernstein. The current round of crowdfunding has a minimum goal of $50,000 and a maximum goal of $250,000. The raise funds will be used to restructure the setup, sustain the company, and open a retail wine shop, wine bar, ghost kitchen, and delicatessen. Red Feather has been one of the top restaurants in the Cincinnati area in the past many years and has been featured in food guides and magazines.

Expand

Investment Overview

Invested this round: $56,655

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
11/03/2020
Close Date
01/06/2021
Min. Goal
$50,000
Max Goal
$250,000
Min. Investment

$100

Security Type

Debt

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2013
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Cincinnati, Ohio
Business Type
Life Style
Company Website
Visit Website

Team

Employees
7
Founder Name
Brad Bernstein
Title
Chef and Partner

Financials

 Revenue +87% YoY
$3,539,597
 Monthly Burn
Profitable
 Cash on Hand
$26,255
Gross Margin
65%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$3,539,597

$1,897,441

COGS

$1,255,845

$680,359

Tax

$0

$0

 

 

Net Income

$213,879

$128,366

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$26,255

$-50,466

Accounts Receivable

$0

$0

Total Assets

$310,719

$134,279

Short-Term Debt

$150,597

$47,080

Long-Term Debt

$0

$0

Total Liabilities

$150,597

$47,080

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/06/2021 Honeycomb - $56,655 Debt Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Red Feather on Honeycomb
Platform: Honeycomb
Security Type: Debt

Follow company

Follow Red Feather on Honeycomb

Buy Red Feather's Deal Report

Warning: according to the close date for this deal, Red Feather may no longer be accepting investments.

Red Feather Deal Report

Get Kingscrowd's comprehensive report on Red Feather including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Red Feather is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Red Feather deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge