Porky's Bar & Grill
Porky’s Bar and Grill has been staple in the Etna community for over 124 years.
Overview
Raised: $11,250
Total Commitments ($USD)
Platform
Honeycomb
Start Date
01/21/2020
Close Date
04/24/2020
Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$121
# of Investors
17
Momentum
Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Porky’s Bar & Grill, the premier taphouse and bottle shop in Etna, is raising funds on Honeycomb Credit. The bar and grill serves local craft beers from across the country and delicious food. The chefs create a weekly menu and keep adding new brunch items, in addition to their specialty cocktails. Porky’s Bar & Grill was founded in 1895 and, after several events and changes in ownership, is currently owned by Chad Jockel and Nick Weiss. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $107,000, and the funds will be used to consolidate debt, make external and internal improvements, and expand the business. Porky’s Bar & Grill has been serving the Etna community for 124 years, with loyal customers and experienced staff. The bar and grill offers 28 taps and many craft beers that are not available anywhere else in Pennsylvania.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$222,216 |
$0 |
|
COGS |
$131,945 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-37,115 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$11,557 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$13,862 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$79,263 |
$0 |
|
Total Liabilities |
$79,263 |
$0 |
Financials as of: 01/21/2020
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