Redcrest Kitchen

Early Stage

Restaurants

Analytics

Raised to Date: Raised: $45,968

Aggregate Commitments $

Platform

Honeycomb

Start Date

04/22/2022

Close Date

06/06/2022

Min. Goal

$70,000

Max. Goal

$120,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $

Status

Active

Reporting Date

05/26/2022

Days Remaining

11

% of Min. Goal

66%

% of Max. Goal

38%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,352

Momentum
hot.svg
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Location

Philadelphia, Pennsylvania

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Redcrest Kitchen is raising funds on Honeycomb. The business has been operating as a quick-service concept and serves fried chicken in South Philadelphia. It now plans to open a full-service restaurant with high-quality food and casual dining vibes. The restaurant will also offer a full bar along with its dinner service, lunch service, and brunch. Adam Volk founded Redcrest Kitchen in March 2021. The current crowdfunding campaign has a minimum target of $70,000 and a maximum target of $120,000. The campaign proceeds will be used for floor repair, draft system rehabilitation, bathroom remodeling, equipment, furniture, and inventory.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 04/22/2022
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Redcrest Kitchen on Honeycomb 2022
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Platform: Honeycomb
Security Type: Debt

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