Shular Hospitality Group
The Shular Institute is growing its culinary school program!
Overview
Raised: $11,600
Total Commitments ($USD)
Platform
Honeycomb
Start Date
07/21/2023
Close Date
08/19/2023
Min. Goal
$55,000
Max. Goal
$110,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
12.00%
Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
TUCKER, Georgia
Shular Hospitality Group is raising funds on Honeycomb. The company is based in Tucker, Georgia, and specializes in hospitality and culinary education. Shular Hospitality Group owns Shular Institute, a culinary school, and Farmed Kitchen and Bar, a restaurant that features local and sustainable ingredients. The business aims to provide students with the knowledge and skills required to develop their creativity and leadership abilities and succeed in the hospitality industry. Chef Daryl Shular founded Shular Hospitality Group in December 2019. The current crowdfunding campaign has a minimum target of $55,000 and a maximum target of $110,000. The campaign proceeds will be used for operations, school redesign buildout, and catering equipment and supplies.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$240,193 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-60,113 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$4,279 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$19,438 |
$0 |
|
Short-Term Debt |
$64,273 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$64,273 |
$0 |
Financials as of: 07/21/2023
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Shular Hospitality Group | 08/19/2023 | Honeycomb | - | $11,600 | Debt | Not Funded | RegCF |
No prior online funding rounds.
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