The Green Kitchen

The Green Kitchen

Catering

Catering

Overview

Raised to Date: Raised: $30,000

Total Commitments ($USD)

Platform

Honeycomb

Start Date

04/23/2024

Close Date

05/24/2024

Min. Goal
$30,000
Max. Goal
$40,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.00%

Term Length

3.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/25/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,000

# of Investors

24

Momentum
Funded
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Year Founded

2011

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Richmond, Virginia

Business Type

Life Style

The Green Kitchen is raising funds on Honeycomb. It is a food catering business in Richmond, Virginia that caters to people with dietary needs. The Green Kitchen also caters to private events and dinners and offers cooking classes for people looking to enhance their culinary skills. The business also serves as a community hub to bring people together and connect over shared values and local resources. Tammy Brawley founded The Green Kitchen in October 2011. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $40,000. The campaign proceeds will be used for refinancing high-interest debt, refrigerator purchase, hood cleaning, grease trap pumping, and gas range purchase.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$110,555

$136,333

COGS

$41,183

$38,450

Tax

$0

$0

 

 

Net Income

$31,059

$33,251

Summary Balance Sheet

FY 2023 FY 2022

Cash

$10,874

$8,356

Accounts Receivable

$0

$0

Total Assets

$10,874

$8,356

Short-Term Debt

$15,397

$15,397

Long-Term Debt

$0

$0

Total Liabilities

$15,397

$15,397

Financials as of: 04/23/2024
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The Green Kitchen on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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