Thyme Management

Prepared, healthy meals for delivery

Analytics

Raised to Date: $27,450

Aggregate Commitments $
Platform

Honeycomb

Start Date

03/17/2021

Close Date

05/14/2021

Min. Goal

$25,000

Max. Goal

$75,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $
Status
Funded
Reporting Date

05/12/2021

Days Remaining
Funded
% of Min. Goal

110%

% of Max. Goal

37%

Likelihood of Max
Funded
Avg. Daily Raise

$473

# of Investors

32

Momentum
Funded
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Location

Missoula, Montana

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Thyme Management, a food-delivery business, is raising crowdfunding on Honeycomb. The business delivers ready-to-eat and healthy meals twice weekly. The meals are available in individual and family-style options and range from nutritionally-balanced meals, Whole 30 options, and plant-based meals to keto options. Kim Agnew founded Thyme Management in 2017. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $75,000, and the proceeds will be used to open a new cafe, purchase equipment, and support additional payroll. Thyme Management has a large customer base and has a 75%-80% conversion rate with customer inquiries.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$212,556

$216,469

COGS

$90,997

$92,930

Tax

$0

$0

 

 

Net Income

$-13,448

$19,263

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$5,848

$7,312

Accounts Receivable

$0

$0

Total Assets

$31,268

$32,732

Short-Term Debt

$29,746

$43,012

Long-Term Debt

$72,962

$8,843

Total Liabilities

$102,708

$51,855

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