Sweet & Salty Sisters

Sweet & Salty Sisters

Closed: Jan. 2024

About this raise: Sweet & Salty Sisters is raising funds on Honeycomb. It is a food business in Jacksonville, Florida that features nostalgic fair foods. Sweet & Salty Sisters’ offerings include funnel cakes, corndogs, churros, zucchini fries, cheesecake burritos, corn nuggets, fried pickles, mozzarella sticks, tater tots, sweet potato fries, and soups. The business is also socially conscious and supports various non-profit organizations in raising money for substance abuse programs, homelessness, down syndrome, and breast cancer. Tricia A. and Kristen Berry founded Sweet & Salty Sisters in March 2022. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $75,000. The campaign proceeds will be used for purchasing new equipment, a new truck, and a second trailer, refinancing high-interest debt, and upgrading the POS service.

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Investment Overview

Not Funded: $1,230

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
12/12/2023
Close Date
01/11/2024
Min. Goal
$35,000
Max. Goal
$75,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.25%

Term Length

3.0 years

Company & Team

Company

Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Jacksonville, Florida
Business Type
Life Style
Company Website
Visit Website

Team

Employees
1,032
Prior Founder Exits?
No
Founder Name
Tricia Reese
Founder Name
Kristen Berry

Financials

as of Fiscal Year 2022
 Revenue
$28,895
 Monthly Burn
Profitable
 Cash on Hand
$0
Gross Margin
44%

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$28,895

$0

COGS

$16,041

$0

Tax

$0

$0

 

 

Net Income

$9,264

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$0

Accounts Receivable

$12,000

$0

Total Assets

$27,300

$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
01/11/2024 Honeycomb - $1,230 Debt Not Funded RegCF
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Sweet & Salty Sisters on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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