Revive Cafe

Cafe
Overview
Raised: $2,700
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/02/2023
Days Remaining
23
% of Min. Goal
6%
% of Max. Goal
3%
Likelihood of Max
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
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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