Pet Wants Chardon
FRESH Pet Food
Overview
Raised: $3,200
Total Commitments ($USD)
Platform
Honeycomb
Start Date
04/19/2021
Close Date
06/03/2021
Min. Goal
$40,000
Max. Goal
$175,000
Min. Investment
$100
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
06/29/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$73
# of Investors
6
Momentum
Not Funded
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Year Founded
2019
Industry
Pet Health, Food, and Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Pet Wants Chardon, a pet food producer in Ohio, is raising crowdfunding on Honeycomb. The company produces dog and cat food locally, fresh every six weeks. The food is not mass-produced and slow-cooked to retain the highest nutrients possible. Danielle Moats and Jason Moats founded Pet Wants Chardon in 2019. The proceeds of the current crowdfunding round, with a minimum goal of $40,000 and a maximum goal of $175,000, will be used for store furnishings, inventory, leasehold improvements, upgrades, operating expenses, and refinancing debt. Pet Wants Chardon also makes single-ingredient treats, natural chews, housemade s’Paw products, and natural supplements for cats and dogs.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$318,067 |
$34,748 |
|
COGS |
$156,173 |
$38,538 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$19,319 |
$-31,087 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$13,580 |
$12,614 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$194,081 |
$192,492 |
|
Short-Term Debt |
$67,188 |
$64,654 |
|
Long-Term Debt |
$113,168 |
$120,292 |
|
Total Liabilities |
$180,356 |
$184,946 |
Financials as of: 04/19/2021
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