The Original Hot Dog Factory
Early Stage
America's Best Hot Dog!
Overview
Raised: $0
Total Commitments ($USD)
Platform
StartEngine
Start Date
12/31/2020
Close Date
02/24/2021
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$500
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$10.00
Early Bird Valuation
$7,909,137
Pre-Money Valuation
$8,787,930
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
02/23/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
The Original Hot Dog Factory, with a pre-money valuation of $8.78 million, is raising funds on StartEngine. The company has a chain of quick-service restaurants offering regional hot dogs. The Original Hot Dog Factory currently has 12 active locations and is looking to expand through franchising. Dennis McKinley founded The Original Hot Dog Factory in 2016. The proceeds of the current crowdfunding campaign, with a minimum raise of $10,000 and a maximum raise of $1,070,000, will be used for expansion across the US and Canada. The Original Hot Dog Factory generated over $500,000 in revenue in 2020 across two flagship locations and has over 40 franchise locations in development.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
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: 12/31/2020
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