V Soul
About this raise
V Soul is raising funds on Honeycomb. It is a soul food restaurant located in Winder, GA. The restaurant offers delicious soul food in a family-friendly environment. The offerings of V Soul include Turkey Wings, Oxtails, Fried Chicken, Catfish, Collard Greens, Cabbage, and Cornbread. V Soul already has a loyal customer base and won the ‘Best in Georgia’ award after only five months of operations. Shay Reed and Derrick Ussery founded V Soul in May 2021. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $100,000. The campaign proceeds will be used for purchasing new equipment.
Investment Overview
Invested : $24,450
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 02/08/2022
- Close Date
- 03/22/2022
$18,000
$100,000
$100
Debt
RegCF
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
- $94,043
- Monthly Burn
- Profitable
-
Cash on Hand
- $0
- Gross Margin
- 32%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/22/2022 | Honeycomb | - | $24,450 | Debt | Funded | RegCF |
