Y'all Company

Y'all Company

Sauces

Sauces

Overview

Raised to Date: Raised: $90,000

Total Commitments ($USD)

Platform

Honeycomb

Start Date

01/23/2024

Close Date

02/22/2024

Min. Goal
$45,000
Max. Goal
$90,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.00%

Term Length

3.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/28/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$3,103

# of Investors

58

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

Location

Winston-salem, North Carolina

Business Type

Growth

Y’all Company is raising funds on Honeycomb. The business makes and sells a variety of sauces that combine culture and heritage with the best of every southern state. Y’all Company sauces are rich in history and flavor and function as great food supplements to bring people together. The business has won several awards for its sauces and also gives back to the community with its monthly southern cooking classes. Joshua McGee founded Y’all Company in June 2020. The current crowdfunding campaign has a minimum target of $45,000 and a maximum target of $90,000. The campaign proceeds will be used for sauce inventory for wholesale and food service sizes, marketing, shipper boxes for retail display, refinancing debt, hiring brand ambassadors, R&D, and new market opportunities.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$106,279

$0

COGS

$62

$0

Tax

$0

$0

 

 

Net Income

$9,338

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$6,896

$0

Accounts Receivable

$7,791

$0

Total Assets

$24,573

$0

Short-Term Debt

$11,350

$0

Long-Term Debt

$6,393

$0

Total Liabilities

$17,743

$0

Financials as of: 01/23/2024
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Y’all Company on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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