The Salty Pearl

The Salty Pearl

Closed: Apr. 2024

About this raise

The Salty Pearl is raising funds on Honeycomb. It is a casual New England-style oyster bar in Oakland, California. The Salty Pearl offers a specialized menu, including lobster rolls, clam chowder, oysters, natural wines, and ice-cold brewskis. The business has been featured in publications like SF Chronicle, Berkeleyside, KQED, and Eater and was highlighted during a live appearance on KQED’s Forum. Daniel Pirello founded The Salty Pearl in November 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for social media marketing, content production, equipment, public relations, and inventory.

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Investment Overview

Invested this round: $30,401

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
02/29/2024
Close Date
04/11/2024
Min. Goal
$25,000
Max Goal
$50,000
Min. Investment

$100

Security Type

Debt

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.25%

Term Length

3.0 years

Company & Team

Company

Year Founded
2023
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Oakland, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Daniel Pirello
Title
Owner

Financials

 Revenue
$0
as of FY2023
 Cash on Hand
$0
as of FY2023

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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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
04/11/2024 Honeycomb - $30,401 Debt Funded RegCF
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Add to portfolio
The Salty Pearl on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, The Salty Pearl may no longer be accepting investments.

The Salty Pearl Deal Report

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