Overview
Raised: $26,982
Total Commitments ($USD)
Platform
Honeycomb
Start Date
12/04/2023
Close Date
01/17/2024
Min. Goal
$25,000
Max. Goal
$27,000
Min. Investment
$100
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Interest Rate
11.50%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/30/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$627
# of Investors
25
Momentum
Funded
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Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Taproom-120 is raising funds on Honeycomb. It is a retro-themed craft beer and wine bar in Gilbert, Arizona. Taproom-120 offers 30 craft beer options on tap, bottled beers, live music, and a full retro arcade to entertain its customers. The business has also collaborated with four local breweries to craft its limited-edition beers that are served exclusively in the taproom and partner breweries. Jessica Kellough and Matthew Poltash founded Taproom-120 in July 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $27,000. The campaign proceeds will be used for building renovations, merchandise, staffing, marketing, and events.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$16,470 |
$0 |
|
COGS |
$7,225 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-97,582 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
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: 12/04/2023
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