Soul Bites

Soul Bites

Closed: Oct. 2022

About this raise

Soul Bites is raising funds on Honeycomb. It is a restaurant, bar, and upcoming entertainment venue in Santa Barbara, California. The business serves as a soul food bistro and community gathering space during the day and transforms into an intimate music venue at night. The stage at Soul Bites has hosted multiple performers, including The Foo Fighters, Kendrick Lamar, and The Silversun Pickups. Soul Bites has a loyal customer base and maintains a 5-star rating on Yelp for its food and service. Stirling Nix-Bradley and Rose Nix-Bradley founded Soul Bites in April 2021. 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 bar equipment, sound and lighting equipment, ADA-compliant bathrooms, beer and wine license, and surface renovation and furnishings.

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Investment Overview

Not Funded: $11,950

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
09/09/2022
Close Date
10/24/2022
Min. Goal
$25,000
Max Goal
$75,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.50%

Term Length

5.0 years

Company & Team

Company

Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Burbank, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Rose Nix-Bradley
Title
CFO
Founder Name
Stirling Nix-Bradley
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$16,232
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-194,788

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$4,315

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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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
10/24/2022 Honeycomb - $11,950 Debt Not Funded RegCF
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Add to portfolio
Soul Bites on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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Buy Soul Bites's Deal Report

Warning: according to the close date for this deal, Soul Bites may no longer be accepting investments.

Soul Bites Deal Report

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