This company is no longer in business. Investors can get details about any potential exits or failures here.
Botanical Vegan Cafe & Market
Rebranded jungle-speakeasy cafe
Overview
Raised: $11,587
Total Commitments ($USD)
Platform
Honeycomb
Start Date
04/21/2020
Close Date
06/08/2020
Min. Goal
$10,000
Max. Goal
$27,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
06/29/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$247
# of Investors
25
Momentum
Funded
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Year Founded
1969
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Botanical Vegan Cafe & Market, a jungle-speakeasy cafe in Pittsburgh, PA, is raising funds on Honeycomb Credit. The cafe is mainly a lunch destination with quick, healthy, and vegan offerings, including salads, soups, acai bowls, smoothies, juices, quinoa bowls, health shots, coffee, hummus dips, chips, and veggie sticks. Botanical Vegan Cafe & Market merges a healthy lifestyle with the sustainable and social-focused environment. The cafe was founded by Grace Affeltranger and opened in March 2020. The proceeds of the current round of crowdfunding, with a minimum goal of $10,000 and a maximum goal of $27,000, will be used to survive through COVID-19 and thrive as a business once it is over. Botanical Vegan Cafe & Market is led by an experienced and passionate team and has strong future potential.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$85,053 |
$0 |
|
COGS |
$38,332 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-13,520 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$6,971 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$6,971 |
$0 |
|
Short-Term Debt |
$7,414 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$7,414 |
$0 |
Financials as of: 04/21/2020
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