Savoure Kitchen
Healthy Snacks
Overview
Raised: $3,475
Rolling Commitments ($USD)
Status
Active
Reporting Date
04/30/2024
Days Remaining
14
% of Min. Goal
14%
% of Max. Goal
7%
Likelihood of Max
Avg. Daily Raise
$232
# of Investors
12
Momentum
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Year Founded
2016
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Savoure Kitchen is raising funds on Honeycomb. The food business in Kent, Ohio, is known for its meticulously curated wine and cheese pairings and gourmet nut mixes. Savoure Kitchen creates high-quality and clean nut mixes, sauces, and salad dressings and offers unique flavors for special occasions and everyday enjoyment. The business is known for healthier solutions for dinner and snacking needs and sells its products at farmers’ markets, farm stores, and online. Julie Radcliffe founded Savoure Kitchen in February 2016. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for hiring a co-packer, updating packaging, labels, and designs, expanding the product line by three SKUs, redoing the e-commerce footprint, and exhibitions for expansion.
Summary Profit and Loss Statement
FY 2023 | FY 2022 | |
---|---|---|
Revenue |
$21,591 |
$25,795 |
COGS |
$8,715 |
$19,021 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-6,700 |
$-20,964 |
Summary Balance Sheet
FY 2023 | FY 2022 | |
---|---|---|
Cash |
$996 |
$2,488 |
Accounts Receivable |
$891 |
$306 |
Total Assets |
$9,994 |
$9,160 |
Short-Term Debt |
$5,455 |
$7,528 |
Long-Term Debt |
$22,639 |
$24,142 |
Total Liabilities |
$28,094 |
$31,670 |
Financials as of: 04/15/2024
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