The Pickled Chef
The Pickled Chef is a local canning, preserving, and pickling company.
Overview
Raised: $75,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
01/31/2023
Close Date
03/15/2023
Min. Goal
$30,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Interest Rate
11.00%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/26/2023
Days Remaining
Funded
% of Min. Goal
250%
% of Max. Goal
100%
Likelihood of Max
Funded
Avg. Daily Raise
$1,744
# of Investors
73
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2010
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
The Pickled Chef is raising funds on Honeycomb. The company produces natural, preservative-free, hand-packed products that use locally-sourced and seasonal ingredients. The unique range of products of The Pickled Chef includes sour dill pickles, whiskey and beer pickles, hot pepper pickles, mustard pickles, and other pickled vegetables, along with classic bread and butter, jams, sauces, dressings, and other condiments. The business has a growing customer base, and it produced over 25,000 jars of pickles and served 15,000 grilled cheese sandwiches in 2022. Greg Andrews, Ashlee Andrews, and Debra Driggers founded The Pickled Chef in March 2010. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $75,000. The campaign proceeds will be used for equipment, staffing, a delivery van, and a greenhouse.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$400,227 |
$327,775 |
|
COGS |
$234,092 |
$144,876 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$38,975 |
$30,051 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$2,706 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$38,828 |
$41,622 |
|
Short-Term Debt |
$39,091 |
$17,362 |
|
Long-Term Debt |
$37,763 |
$0 |
|
Total Liabilities |
$76,854 |
$17,362 |
Financials as of: 01/31/2023
Create a free account today to gain access to KingsCrowd analytics.
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
Are you the founder of The Pickled Chef? Create your account today to claim this raise page.