The Little Village Play Cafe

The Little Village Play Cafe

Closed: Sep. 2024

About this raise: The Little Village Play Cafe is raising funds on Honeycomb. It is a kids’ play cafe in Wauwatosa, Wisconsin, that offers a safe, clean, and engaging place for kids to engage. The Little Village Play Cafe also serves as a place for caregivers to relax and interact in a kid-friendly environment. The business has received over 325 5-star reviews from customers and was nominated for Best Children’s Activity by the Milwaukee Journal Sentinel. Abigail Gilman founded The Little Village Play Cafe in April 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for membership launch, systems development, manager staffing, and working capital.

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Investment Overview

Invested this round: $81,450

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
07/19/2024
Close Date
09/02/2024
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.50%

Term Length

3.0 years

Company & Team

Company

Year Founded
2022
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Wauwatosa, Wisconsin
Business Type
Life Style
Company Website
Visit Website

Team

Employees
25
Prior Founder Exits?
No
Founder Name
Abigail Gilman
Title
Owner
Founder Name
Spencer Gilman
Title
Owner

Financials

as of Fiscal Year 2023
 Revenue +1,898% YoY
$567,058
 Monthly Burn
Profitable
 Cash on Hand
$14,047
Gross Margin
63%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$567,058

$28,383

COGS

$210,731

$1,404

Tax

$0

$0

 

 

Net Income

$88,341

$20,910

Summary Balance Sheet

FY 2023 FY 2022

Cash

$14,047

$28,185

Accounts Receivable

$0

$0

Total Assets

$236,914

$28,185

Short-Term Debt

$81,239

$14,057

Long-Term Debt

$131,842

$0

Total Liabilities

$213,081

$14,057

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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
09/02/2024 Honeycomb - $81,450 Debt Funded RegCF
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The Little Village Play Cafe on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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