Trailer King Builders
[Closed for Investment] Trailer King Builders is raising funds on Honeycomb. The business specializes in manufacturing food trucks and concession trailers for customers nationwide. Trailer King Builders makes high-quality and custom-built products and caters to startups, food businesses, and entrepreneurs looking to enter the mobile food industry. The company has built over 1,500 projects and sold trucks and trailers worth more than $35 million in the past five years. Patrick Bolanos, Ramiro Gonzalez, and Roy Alba founded Trailer King Builders in December 2017. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $730,000. The campaign proceeds will be used for inventory, purchasing food trucks for buildout, and refinancing high-interest debt.
Investment Overview
Raised: $6,361
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 09/12/2024
- Close Date
- 10/28/2024
$100,000
$730,000
$100
Debt
Pre-Seed
RegCF
12.25%
5.0 years
Company & Team
Company
- Year Founded
- 2017
- Industry
- Industrial Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue -36.7% YoY
- $7,038,601
- Monthly Burn
- $37,166
-
Runway
- 0.6 months
- Gross Margin
- 46%
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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 |
|---|---|---|---|---|---|---|
| 10/28/2024 | Honeycomb | - | $6,361 | Debt | Not Funded | RegCF |