Overview
Raised: $24,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
03/19/2024
Close Date
04/15/2024
Min. Goal
$20,000
Max. Goal
$24,000
Min. Investment
$100
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Interest Rate
13.50%
Term Length
3.0 years
Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
The Realm Refillery is raising funds on Honeycomb. It is the first package-free grocery store in Oregon. The Realm Refillery has created a circular economic system and is making a beneficial impact on the community and the planet with its sustainable way of shopping. The package-free shopping of The Realm Refillery produces less food waste and eliminates unnecessary packaging from the planet. Ryan Knowles and Brittany Snipes founded The Realm Refillery in April 2021. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $24,000. The campaign proceeds will be used for refinancing high-interest debt and working capital.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$478,626 |
$0 |
|
COGS |
$302,936 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-26,278 |
$0 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$53,581 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$293,905 |
$0 |
|
Short-Term Debt |
$5,239 |
$0 |
|
Long-Term Debt |
$151,125 |
$0 |
|
Total Liabilities |
$156,364 |
$0 |
Financials as of: 03/19/2024
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