Tanbrown Coffee
Coffee Roasters
Overview
Raised: $28,880
Total Commitments ($USD)
Platform
Honeycomb
Start Date
05/30/2023
Close Date
07/24/2023
Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment
$250
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
13.50%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$535
# of Investors
37
Momentum
Funded
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Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
DECATUR, Georgia
Tanbrown Coffee is raising funds on Honeycomb. It is a coffee roasting company in Atlanta, Georgia, that sources, roasts, and sells specialty coffee sourced from Asia. The business sells online or through popups and also makes delicious coffee drinks based on Asian flavors. Tanbrown Coffee knows where its coffee is coming from and ensures positive and education-driven interactions with its customers. Marissa Childers founded Tanbrown Coffee in January 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for green coffee sourcing, popup supplies, marketing, general functioning costs, and working capital.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$31,287 |
$0 |
|
COGS |
$6,969 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$13,796 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$14,974 |
$0 |
|
Accounts Receivable |
$-743 |
$0 |
|
Total Assets |
$14,231 |
$0 |
|
Short-Term Debt |
$457 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$457 |
$0 |
Financials as of: 05/30/2023
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