Revive Cafe

Revive Cafe

Cafe

Cafe

Overview

Raised to Date: Raised: $2,700

Total Commitments ($USD)

Platform

Honeycomb

Start Date

11/09/2023

Close Date

12/25/2023

Min. Goal
$45,000
Max. Goal
$90,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.50%

Term Length

3.0 years

Rolling Commitments ($USD)

Status

Active

Reporting Date

12/02/2023

Days Remaining

23

% of Min. Goal

6%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$117

# of Investors

7

Momentum
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Year Founded

2022

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Middleburg Heights, Ohio

Business Type

Life Style

Revive Cafe is raising funds on Honeycomb. It is a healthy cafe in Middleburg Heights, Ohio, that serves fresh meals in an enjoyable atmosphere. Revive Cafe’s offerings include specialty coffee beverages, teas, gourmet drip coffees, ice cream, smoothies, a small food menu, and many other local products. The cafe has created a welcoming space for people to get together, exchange ideas, and enjoy their favourite food and beverages. Sarah Deaton founded Revive Cafe in May 2022. The current crowdfunding campaign has a minimum target of $45,000 and a maximum target of $90,000. The campaign proceeds will be used for refinancing high-interest debt, adding boba tea menu, adding new furniture and decor, building outdoor patio space, constructing a larger kitchen, hiring more staff, and purchasing a liquor license.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$11,505

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$1,100

$0

Accounts Receivable

$13,770

$0

Total Assets

$58,173

$0

Short-Term Debt

$44,403

$0

Long-Term Debt

$49,797

$0

Total Liabilities

$94,200

$0

Financials as of: 11/09/2023
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Revive Cafe on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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