Street Bites
About this raise
Street Bites is raising funds on Honeycomb. It is a food business in Lewisville, Texas, specializing in authentic Texas street food. Street Bites also provides catering services for weddings, corporate gatherings, birthdays, and more and is known for its delicious offerings and top-notch customer service. The business has a loyal customer base and won the Texas Food Challenge in 2021 and the Lantana TX BBQ Contest in 2023. Evan Moore founded Street Bites in May 2012. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $75,000. The campaign proceeds will be used to purchase a vintage food truck and make food truck renovations.
Investment Overview
Not Funded: $1,950
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 02/26/2024
- Close Date
- 03/23/2024
$50,000
$75,000
$100
Debt
Quarterly
RegCF
11.25%
3.0 years
Company & Team
Company
- Year Founded
- 2012
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +20% YoY
-
$927,676
as of FY2023
- Monthly Burn
-
Profitable
as of FY2023
-
Cash on Hand
-
$91,182
as of FY2023
- Gross Margin
-
100%
as of FY2023
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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 |
|---|---|---|---|---|---|---|
| 03/23/2024 | Honeycomb | - | $1,950 | Debt | Not Funded | RegCF |