Shantell’s Just Until Restaurant
About this raise
Shantell’s Just Until Restaurant is raising funds on Honeycomb. It is a full-service restaurant in Sanford, Florida, that offers Southern, Caribbean, and seafood cuisine. The restaurant also offers vegan and vegetarian dishes and creates a wonderful ambiance with live jazz, live reggae, Talk Taboo conversations, and other craft artist offerings. Shantell’s Just Until Restaurant is led by an experienced team and has won several awards. Shantell Williams and Cobbin McGee founded Shantell’s Just Until Restaurant in May 2020. 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 staff training, kitchen equipment, and working capital.
Investment Overview
Invested : $28,230
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 03/14/2023
- Close Date
- 04/28/2023
$25,000
$50,000
$100
Debt
Quarterly
RegCF
14.00%
5.0 years
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
-
$454,975
as of FY2021
- Monthly Burn
-
Profitable
as of FY2021
-
Cash on Hand
-
$20
as of FY2021
- Gross Margin
-
25%
as of FY2021
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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 |
|---|---|---|---|---|---|---|
| 04/28/2023 | Honeycomb | - | $28,230 | Debt | Funded | RegCF |