Twisted Taino
Latin-fused cuisine in Northeast Ohio
Overview
Raised: $8,743
Total Commitments ($USD)
Platform
Honeycomb
Start Date
01/28/2021
Close Date
03/16/2021
Min. Goal
$20,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/31/2021
Days Remaining
Funded
% of Min. Goal
44%
% of Max. Goal
17%
Likelihood of Max
Funded
Avg. Daily Raise
$186
# of Investors
18
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Twisted Taino, a one-stop catering service for Latin-fused cuisine in Northeast Ohio, is raising funds on Honeycomb. The business uses fresh ingredients and family recipes to create the best of tropical food with a sense of nostalgia. Twisted Taino started as a pop-up restaurant and is now established at the Sauce The City Food Court. Jose and Cristina Melendez founded Twisted Taino in June 2020. The proceeds of the current crowdfunding round, with a minimum goal of $20,000 and a maximum goal of $50,000, will be used to build the first brick-and-mortar location at Parma. Twisted Taino will be the only one offering Latin lunch buffet in Northeast Ohio. It is expected to gross between $700,000 and $1,000,000 with its delivery, dine-in, carryout, and event catering businesses.
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: 01/28/2021
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