Rummies & Yummies

Rummies & Yummies

Bakery

Bakery

Overview

Raised to Date: Raised: $19,350

Total Commitments ($USD)

Platform

Honeycomb

Start Date

04/23/2024

Close Date

05/23/2024

Min. Goal
$25,000
Max. Goal
$75,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.00%

Term Length

3.0 years

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/22/2024

Days Remaining

0

% of Min. Goal

77%

% of Max. Goal

26%

Likelihood of Max
unlikely
Avg. Daily Raise

$667

# of Investors

15

Momentum
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Year Founded

2013

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Orange Park, Florida

Business Type

Life Style

Rummies & Yummies is raising funds on Honeycomb. It is a bakery in Orange Park, Florida, offering coffee, smoothies, desserts, and other tempting food items. Rummies & Yummies makes handcrafted delicacies using superior quality ingredients and is known for its distinctive flavor fusions and fresh ingredients. The offerings of Rummies & Yummies include custom rum cakes, boozie balls, tea, specialty coffee, and made-from-scratch desserts. Amy Hales and Mary Moses founded Rummies & Yummies in May 2013. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for purchasing equipment and display cases, working capital, inventory and supplies, and marketing.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$79,197

$61,497

COGS

$22,350

$19,909

Tax

$0

$0

 

 

Net Income

$-7,070

$-33,352

Summary Balance Sheet

FY 2023 FY 2022

Cash

$3,008

$4,291

Accounts Receivable

$0

$0

Total Assets

$36,694

$50,620

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 04/23/2024
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Rummies & Yummies on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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