Southeastern Roastery

Southeastern Roastery

Coffee Shop

Coffee Shop

Overview

Raised this Round: Raised: $27,800

Total Commitments ($USD)

Platform

Honeycomb

Start Date

06/26/2023

Close Date

08/24/2023

Min. Goal
$25,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.00%

Term Length

3.0 years

Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

BALTIMORE, Maryland

Business Type

Life Style

Southeastern Roastery is raising funds on Honeycomb. The coffee business is based in Baltimore, Maryland, and offers single-origin coffee and bottles of cold brew coffee. The business also serves freshly brewed coffee at its coffee shop, Southeastern Roastery Lab. Southeastern Roastery is known for its delicious and sustainable coffee, contributions to coffee roasting, and alternative methods for sensory exploration. Candy Schibli founded Southeastern Roastery in November 2021. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used to purchase a new coffee roaster and get it installed.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$131,684

$160,548

COGS

$17,072

$21,322

Tax

$0

$0

 

 

Net Income

$-2,591

$14,473

Summary Balance Sheet

FY 2022 FY 2021

Cash

$-905

$5,681

Accounts Receivable

$0

$0

Total Assets

$33,603

$40,189

Short-Term Debt

$1,638

$3,502

Long-Term Debt

$4,026

$0

Total Liabilities

$5,664

$3,502

Financials as of: 06/26/2023
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Southeastern Roastery on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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