Rummies & Yummies
About this raise
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.
Investment Overview
Invested : $26,470
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 04/24/2024
- Close Date
- 05/23/2024
$25,000
$75,000
$100
Debt
Quarterly
RegCF
13.00%
3.0 years
Company & Team
Company
- Year Founded
- 2013
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +29% YoY
-
$79,197
as of FY2023
- Monthly Burn
-
$589
as of FY2023
-
Runway
-
5.1 months
as of FY2023
- Gross Margin
-
72%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/23/2024 | Honeycomb | - | $26,470 | Debt | Funded | RegCF |