Wandering Spirits
Retail Shop
Overview
Raised: $29,350
Total Commitments ($USD)
Platform
Honeycomb
Start Date
05/03/2023
Close Date
06/16/2023
Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
12.00%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
06/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$683
# of Investors
32
Momentum
Funded
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Year Founded
2021
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Location
LAUGHLINTOWN, Pennsylvania
Wandering Spirits is raising funds on Honeycomb. It is an independent and legal wine and spirits shop in Pennsylvania. The shop sells wine and spirits at its retail store in Ligonier, Pennsylvania, and through wholesale, special events, and partnerships. Wandering Spirits had a profitable 2022 and has partnered with a major grocery store to increase its retail volume in 2023. Emily Honhart founded Wandering Spirits in January 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for vehicle branding, purchasing a used delivery vehicle, second and third retail stores buildout, marketing, warehouse rental, and operating expenses.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$217,924 |
$14,094 |
|
COGS |
$2,812 |
$8,017 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$15,392 |
$-15,391 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$30,210 |
$19,345 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$38,265 |
$23,172 |
|
Short-Term Debt |
$5,414 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$5,414 |
$0 |
Financials as of: 05/03/2023
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