Tim’s Tavern

Tim’s Tavern

Open  for investment

About this raise

Tim’s Tavern is raising funds on Honeycomb. It is a live music venue, bar, and kitchen in Seattle, Washington. Tim’s Tavern offers a full vegan and omnivore menu, including craft drinks and Pacific Northwest pub fare, and a welcoming atmosphere with live music six nights a week and a dog-friendly patio. The restaurant has received several awards, including the Best New Restaurant Silver by The Seattle Times and the Best New Restaurant 2024 by Eater Seattle, and has been featured in Seattle Magazine. Mason Nostrom founded Tim’s Tavern in October 2016. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for indoor stage and remodeling, King County permits, payroll, and refinancing high-interest debt.

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Investment Overview

Committed this round: $12,650

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
04/25/2025
Close Date
06/05/2025
Min. Goal
$60,000
Max Goal
$124,000
Min. Investment

$100

Security Type

Debt

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.50%

Term Length

3.0 years

Company & Team

Company

Year Founded
2016
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Seattle, Washington
Business Type
Life Style
Company Website
Visit Website

Team

Employees
13
Prior Founder Exits?
No
Founder Name
Mason Nostrom Reed
Title
CEO

Financials

 Revenue +24% YoY
$1,165,843
as of FY2024
 Monthly Burn
$8,181
as of FY2024
 Runway
10.5 months
as of FY2024
 Gross Margin
74%
as of FY2024
View Detailed Financials Expand

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$1,165,843

$942,922

COGS

$301,879

$263,433

Tax

$0

$0

 

 

Net Income

$-98,168

$-331,027

Summary Balance Sheet

FY 2024 FY 2023

Cash

$85,781

$16,900

Accounts Receivable

$0

$0

Total Assets

$130,205

$504,775

Short-Term Debt

$211,194

$75,339

Long-Term Debt

$340,653

$674,888

Total Liabilities

$551,847

$750,227
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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
06/05/2025 Honeycomb - $12,650 Debt Active RegCF
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Tim’s Tavern on Honeycomb 2025
Platform: Honeycomb
Security Type: Debt

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