Valley Tavern

BETA

A neighborhood bar

Analytics

Raised to Date: $40,000

Aggregate Commitments $
Platform

Honeycomb

Start Date

07/15/2020

Close Date

08/18/2020

Min. Goal

$10,000

Max. Goal

$40,000

Min. Investment

$10

Security Type

Debt

Funding Type

RegCF

Series

Seed

Weekly Commitments $
Status
Funded
Reporting Date

08/30/2020

Days Remaining
Funded
% of Min. Goal

400%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$1,176

# of Investors

16

Momentum
Funded
Location

San Francisco, CA

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

Valley Tavern, a neighborhood bar in San Francisco, is raising funds on Honeycomb. The bar has a diverse selection of wines, beers, and cocktails, in addition to 20 screens for sports lovers. It is an Irish bar and a vital community hub, with exceptionally friendly staff and a friendly atmosphere. Valley Tavern is owned by Declan Hogan, Brittney Freed, and Vincent Hogan, and recently completed a successful crowdfunding round on Honeycomb. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $40,000, and the funds will be used to build a kitchen. Valley Tavern serves a wide selection of liquor, specialty cocktails, and 40 beers on Draught. The bar is led by experienced owners and is highly rated by its customers.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$1,103,048

$994,479

COGS

$588,940

$478,360

Tax

$0

$0

 

 

Net Income

$121,542

$30,919

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$18,045

$19,091

Accounts Receivable

$0

$0

Total Assets

$75,212

$81,168

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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