The Realm Refillery

The Realm Refillery

Zero waste business

Zero waste business

Overview

Raised to Date: Raised: $24,000

Total Commitments ($USD)

Platform

Honeycomb

Start Date

03/18/2024

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    Open SEC Filing

Interest Rate

13.50%

Term Length

3.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2024

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

$889

# of Investors

26

Momentum
Funded
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Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Portland, Oregon

Business Type

Life Style

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: 03/18/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
The Realm Refillery 04/14/2024 Honeycomb - $24,000 Debt Funded RegCF
The Realm Refillery 12/07/2023 Honeycomb - $100,000 Debt Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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The Realm Refillery on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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