Tubby’s Taste
Prepared Foods
Overview
Raised: $55,925
Total Commitments ($USD)
Platform
Honeycomb
Start Date
03/09/2022
Close Date
05/10/2022
Min. Goal
$25,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$917
# of Investors
74
Momentum
Funded
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Year Founded
2014
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Tubby’s Taste is raising funds on Honeycomb. The business makes Jamaican-inspired vegan cookies and sells them online direct to consumers and through grocery stores. In addition, the company offers monthly subscriptions, one-off purchases, and corporate gift packs. Tubby’s Taste has a loyal customer base and has been featured in Eater Chicago, the Chicago Sun-Times, and VegOut magazine. Danielle Tubbs founded Tubby’s Taste in October 2014. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for machinery, packaging, advertising, inventory, rent, and hiring.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$52,492 |
$50,608 |
|
COGS |
$27,140 |
$23,593 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-6,445 |
$5,023 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$2,005 |
$6,610 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$8,789 |
$9,135 |
|
Short-Term Debt |
$6,228 |
$4,815 |
|
Long-Term Debt |
$5,935 |
$0 |
|
Total Liabilities |
$12,163 |
$4,815 |
Financials as of: 03/09/2022
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