WeLa Lao
Prepared Foods
Overview
Raised: $3,600
Total Commitments ($USD)
Platform
Honeycomb
Start Date
06/01/2022
Close Date
07/18/2022
Min. Goal
$25,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
11.25%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
07/19/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$78
# of Investors
11
Momentum
Not Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
WeLa Lao is raising funds on Honeycomb. The food business prepares and offers delicious Lao cuisine to its customers and teaches them Lao dishes they can’t find at restaurants. The food is made using high-quality ingredients and includes Khao Jee waffle sticks, Nam Khao, Laap Tacos, and Lao Sausage Baguette Sandwich. WeLa Lao started at the Vancouver Farmer’s Market and has grown its customer base through word-of-mouth. Suzanne Phengsy founded WeLa Lao in December 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for kitchen equipment, staffing, marketing, and food truck.
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: 06/01/2022
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