Uncle’s Ice Cream

Uncle’s Ice Cream

Growth Stage

Hawaii’s Favorite Ice Cream Sandwich

Hawaii’s Favorite Ice Cream Sandwich

Overview

Raised this Round: Raised: $1,069,971

Total Commitments ($USD)

Platform

StartEngine

Start Date

08/16/2022

Close Date

11/15/2022

Min. Goal
$10,000
Max. Goal
$1,069,999
Min. Investment

$200

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.15

Pre-Money Valuation

$12,900,000

Year Founded

2017

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B2C

Margin

High

Capital Intensity

High

Location

Waialua, Hawaii

Business Type

Growth

Uncle’s Ice Cream, with a valuation of $12.9 million, is raising funds on StartEngine. The company makes premium craft ice cream sandwiches in tropical and traditional flavors. The business has always prioritized quality, taste, convenience, and variety and has become Hawaii’s favorite ice cream novelty. Uncle’s Ice Cream plans to expand to more states and will soon sell its products in Whole Foods stores across major cities, including Phoenix, Las Vegas, and Los Angeles. Paul D Logan and Barbara J Logan founded Uncle’s Ice Cream in August 2017. The current crowdfunding campaign has a minimum target of $9,999.65 and a maximum target of $1,069,999.10. The campaign proceeds will be used to start its mainland operations and ship to neighboring Hawaiian islands.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,183,036

$787,868

COGS

$711,561

$464,253

Tax

$0

$0

 

 

Net Income

$14,152

$47,421

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$103,312

$210,891

Accounts Receivable

$51,959

$45,608

Total Assets

$404,941

$383,197

Short-Term Debt

$109,462

$82,089

Long-Term Debt

$251,243

$271,024

Total Liabilities

$360,705

$353,114

Financials as of: 08/16/2022
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Uncle’s Ice Cream on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $12,900,000
Price per Share: $2.15

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