Goblin Sushi
A casual sushi restaurant
Overview
Raised: $5,600
Total Commitments ($USD)
Platform
Honeycomb
Start Date
10/05/2020
Close Date
12/23/2020
Min. Goal
$50,000
Max. Goal
$160,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
12/30/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$72
# of Investors
8
Momentum
Not Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Goblin Sushi, a casual sushi restaurant in Michigan, is raising funds on Honeycomb. The restaurant has a small menu with high-quality fresh ingredients and a clean, bright, and modern ambiance. Goblin Sushi offers over 12 types of sushi and has its own delivery system. Jin Cha and Jo Cho founded Goblin Sushi in November 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $160,000, and the proceeds will be used towards the cost of building a second location, repair and remodeling of the first location, hiring an apprentice sushi chef for training, and putting signs on the first and second locations. Goblin Sushi remains dedicated to fresh seafood, its training system, and quality control.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$124,636 |
$0 |
|
COGS |
$61,647 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-8,003 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$13,565 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$47,282 |
$0 |
|
Short-Term Debt |
$20,000 |
$0 |
|
Long-Term Debt |
$28,508 |
$0 |
|
Total Liabilities |
$48,508 |
$0 |
Financials as of: 10/05/2020
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