The Bloom & Rose

The Bloom & Rose

The Bloom & Rose is raising funds on Honeycomb. It is a Jewish deli in Buffalo, New York that specializes in knishes, pastrami, corned beef, matzo ball soup, and other deli specialties. The Bloom & Rose sells through its restaurant via its website and delivery partners, catering, and farmers’ markets and has maintained a rating of 4.7 on Yelp, 4.9 on Google Business, and 4.9 on Facebook. The business has a loyal customer base and was recognized as a “Best Tasting Station” invitee at the Buffalo Spree Best of WNY 2024 awards ceremony. Joseph Pagels, Zachary Rosenbloom, and Joshua Lankford founded The Bloom & Rose in March 2018. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $450,000. The campaign proceeds will be used to purchase new equipment and supplies, a point-of-sale system, bathroom fixtures, and a kitchen display system, landscaping, and fencing.

Expand

Investment Overview

Raised this Round: Raised: $169,385

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
09/20/2024
Close Date
12/16/2024
Min. Goal
$100,000
Max. Goal
$450,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.25%

Term Length

5.0 years

Company & Team

Company

Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Buffalo, New York
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Zachary Rosenbloom
Title
Managing Member
Founder Name
Joshua M. Lankford III
Title
Managing Member
Founder Name
Joseph Pagels
Title
Managing Member

Financials

as of Fiscal Year 2023
 Revenue -1.3% YoY
$165,132
 Monthly Burn
$1,046
 Runway
13.4 months
Gross Margin
71%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$165,132

$167,360

COGS

$47,103

$37,150

Tax

$0

$0

 

 

Net Income

$-12,554

$19,108

Summary Balance Sheet

FY 2023 FY 2022

Cash

$14,021

$26,203

Accounts Receivable

$795

$942

Total Assets

$41,190

$63,408

Short-Term Debt

$11,543

$11,058

Long-Term Debt

$28,105

$38,255

Total Liabilities

$39,648

$49,313

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/16/2024 Honeycomb - $169,385 Debt Active RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
The Bloom & Rose on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

Follow company

Follow The Bloom & Rose on Honeycomb 2024

Buy The Bloom & Rose's Deal Report

The Bloom & Rose Deal Report

Get Kingscrowd's comprehensive report on The Bloom & Rose including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether The Bloom & Rose is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the The Bloom & Rose deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge