Tonic Coffee
Quality-driven boutique style coffeehouse
Overview
Raised: $30,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
01/18/2021
Close Date
02/25/2021
Min. Goal
$20,000
Max. Goal
$30,000
Min. Investment
$100
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/28/2021
Days Remaining
Funded
% of Min. Goal
150%
% of Max. Goal
100%
Likelihood of Max
Funded
Avg. Daily Raise
$789
# of Investors
40
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Tonic Coffee, an upcoming coffee and mocktail bar in Pittsburgh, is raising crowdfunding on Honeycomb. The company plans to offer a quality-driven and boutique-style coffee experience with its high-quality products and upscale environment. Stephanie Nicolaas founded Tonic Coffee in July 2020. The current crowdfunding round has a minimum target of $20,000 and a maximum target of $30,000, and the funds will be used towards coffee grinders, coffee brewing systems, a water filtration system, an ice maker, and salaries for the barista. Tonic Coffee will host curated coffee experiences three evenings a week. It will also house an art gallery on the second floor for local artists to showcase their work.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
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 |
Financials as of: 01/18/2021
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