The Salty Chefs
About this raise
The Salty Chefs is raising funds on Honeycomb. It is a quick-service breakfast and lunch restaurant in Amherst, New York. The Salty Chefs is known for its unique burgers made with locally-raised beef, homemade soups, healthy salads, and other baked goods. The restaurant caters to business and working crowds and has been named the #7 best lunch spot in Buffalo. Donna Viertel and David Viertel founded The Salty Chefs in March 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used to purchase equipment and refinance high-interest debt.
Investment Overview
Not Funded: $15,850
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 05/31/2024
- Close Date
- 06/29/2024
$25,000
$50,000
$100
Debt
Quarterly
RegCF
12.00%
3.0 years
Company & Team
Company
- Year Founded
- 2022
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +61% YoY
-
$145,630
as of FY2023
- Monthly Burn
-
Profitable
as of FY2023
-
Cash on Hand
-
$3,381
as of FY2023
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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 |
|---|---|---|---|---|---|---|
| 06/29/2024 | Honeycomb | - | $15,850 | Debt | Not Funded | RegCF |