Taylor’s Tacos

Restaurants

Overview

Raised to Date: Raised: $51,475

Total Commitments ($USD)

Platform

Honeycomb

Start Date

11/07/2022

Close Date

12/20/2022

Min. Goal

$25,000

Max. Goal

$100,000

Min. Investment

$100

Security Type

Debt

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.75%

Term Length

5.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/31/2022

Days Remaining
Funded
% of Min. Goal

206%

% of Max. Goal

51%

Likelihood of Max
Funded
Avg. Daily Raise

$1,197

# of Investors

58

Momentum
Funded
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Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Chicago, Illinois

Business Type

Life Style

Taylor’s Tacos is raising funds on Honeycomb. It is a pop-up catering company in Chicago, Illinois, known for its authentic street-style tacos. The business offers on-site live-action service, self-serve taco bars, and taco trays and operates out of a commercial kitchen. Taylor’s Tacos has established a loyal customer base in Chicago and is planning to open its first brick-and-mortar restaurant. Maya Mason and Taylor Mason founded Taylor’s Tacos in April 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for taco shop buildout, staffing and training, supplies and inventory, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$404,203

$388,816

COGS

$212,663

$320,139

Tax

$0

$0

 

 

Net Income

$18,843

$34,624

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$897

$4,988

Accounts Receivable

$0

$0

Total Assets

$3,727

$9,380

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 11/07/2022
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Taylor’s Tacos on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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