T&L Rinaldi’s

T&L Rinaldi’s

Open  for investment

About this raise

T&L Rinaldi’s is raising funds on Honeycomb. The food business is based in Belleville, New Jersey, and offers high-quality homemade Italian dishes. T&L Rinaldi’s also provides catering for events and children’s cooking classes, which help instill a love for cooking in the younger generation. The business has been in business for over seven years, was featured on the Italian Enclaves social media page, and received the Women’s History Month Recognition Award in 2024. Tamara Rinaldi and Lois Rinaldi founded T&L Rinaldi’s in December 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $55,000. The campaign proceeds will be used for renovations to the event space and kitchen upgrades for cooking school expansion.

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Investment Overview

Committed this round: $31,027

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
02/21/2025
Close Date
03/27/2025
Min. Goal
$25,000
Max Goal
$55,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Belleville, New Jersey
Business Type
Life Style
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Tamara Rinaldi
Title
Owner and Leader
Founder Name
Lois Rinaldi
Title
Manager

Financials

as of Fiscal Year 2024
 Revenue -5.7% YoY
$334,377
 Monthly Burn
Profitable
 Cash on Hand
$10,250
Gross Margin
40%

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$334,377

$354,534

COGS

$200,177

$214,409

Tax

$0

$0

 

 

Net Income

$25,737

$4,942

Summary Balance Sheet

FY 2024 FY 2023

Cash

$10,250

$12,500

Accounts Receivable

$0

$0

Total Assets

$37,000

$26,834

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
03/27/2025 Honeycomb - $31,027 Debt Active RegCF
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T&L Rinaldi’s on Honeycomb 2025
Platform: Honeycomb
Security Type: Debt

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