Surfwiches Sandwich Shop
About this raise
Surfwiches Sandwich Shop is raising funds on Honeycomb. It is an authentic cheesesteaks and hoagies shop in Jacksonville Beach, Florida. Surfwiches Sandwich Shop has been in the business for over a decade and has been recognized in various local magazines. The business has a loyal customer base and has won several awards, including the Best Steaks Restaurant Award in 2024, the Best Cafe Award in 2024, and the Best Deli Award in 2024. James DeMaio founded Surfwiches Sandwich Shop in April 2013. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $85,000. The campaign proceeds will be used for equipment and renovations.
Investment Overview
Not Funded: $18,850
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 09/05/2024
- Close Date
- 10/05/2024
$50,000
$85,000
$100
Debt
Pre-Seed
RegCF
13.75%
3.0 years
Company & Team
Company
- Year Founded
- 2013
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +13% YoY
- $625,849
- Monthly Burn
- $74
-
Runway
- 24+ months
- Gross Margin
- 50%
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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 |
|---|---|---|---|---|---|---|
| 10/05/2024 | Honeycomb | - | $18,850 | Debt | Not Funded | RegCF |
