Overview
Raised: $100,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
10/24/2023
Close Date
12/08/2023
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
13.50%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,273
# of Investors
55
Momentum
Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
The Realm Refillery is raising funds on Honeycomb. It is the first package-free grocery store in Oregon. The Realm Refillery has created a circular economic system and is making a beneficial impact on the community and the planet with its sustainable way of shopping. The package-free shopping of The Realm Refillery produces less food waste and eliminates unnecessary packaging from the planet. Ryan Knowles and Brittany Snipes founded The Realm Refillery in April 2021. 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 refinance high-interest debt.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$478,626 |
$0 |
|
COGS |
$302,936 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-26,278 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$53,581 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$293,905 |
$0 |
|
Short-Term Debt |
$5,239 |
$0 |
|
Long-Term Debt |
$151,125 |
$0 |
|
Total Liabilities |
$156,364 |
$0 |
Financials as of: 10/24/2023
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