Zee’s Wiener System

Zee’s Wiener System

Closed: Jan. 2025

About this raise

Zee’s Wiener System is raising funds on Honeycomb. It is a hot dog-centric catering and events company in Austin, Texas. Zee’s Wiener System shares a hyper-regional style of hot dogs with the people of Austin and aims to create a lot of hot wiener memories. The business has a loyal customer base and has won several awards, including Best Hot Dog in Austin from Austin Monthly in 2022 and Best Pop-Up in Austin from the Austin Chronicle in 2024. Zachary Drummond founded Zee’s Wiener System in January 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used to purchase a food trailer, hire a catering coordinator, and purchase equipment for large scale events.

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Investment Overview

Invested this round: $90,000

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
11/14/2024
Close Date
01/02/2025
Min. Goal
$50,000
Max Goal
$100,000
Min. Investment

$100

Security Type

Debt

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.50%

Term Length

3.0 years

Company & Team

Company

Year Founded
2023
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Austin, Texas
Business Type
Life Style
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Zachary Drummond
Title
Owner

Financials

 Revenue
$88,889
as of FY2023
 Monthly Burn
Profitable
as of FY2023
 Cash on Hand
$3,109
as of FY2023
 Gross Margin
72%
as of FY2023

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$88,889

$0

COGS

$25,182

$0

Tax

$0

$0

 

 

Net Income

$34,118

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$3,109

$0

Accounts Receivable

$0

$0

Total Assets

$12,193

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/02/2025 Honeycomb - $90,000 Debt Funded RegCF
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Zee’s Wiener System on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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