Shular Hospitality Group

Shular Hospitality Group

Closed: Aug. 2023

About this raise

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.

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Investment Overview

Not Funded: $11,600

Deal Terms

Total Commitments

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    Open SEC Filing

Interest Rate

12.00%

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
TUCKER, Georgia
Company Website
Visit Website

Team

Employees
10

Financials

 Revenue
$0
as of FY2022
 Monthly Burn
$5,009
as of FY2022
 Runway
0.9 months
as of FY2022

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/19/2023 Honeycomb - $11,600 Debt Not Funded RegCF
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Shular Hospitality Group on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, Shular Hospitality Group may no longer be accepting investments.

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