Data / Crowdfunding / Pennsylvania / J&J Hospitality Group Inc.
J&J Hospitality Group Inc.: crowdfunding raise on Honeycomb Portal LLC, $25,000 to $75,000 (2024)
J&J Hospitality Group Inc., a corporation in Warrendale, PA, filed a Form C with the SEC on February 20, 2024 to raise $25,000 to $75,000 in debt through Honeycomb Portal LLC. The offering closed on March 21, 2024. In its most recent fiscal year it reported $1,874,063 in revenue and $31,511 in net income, with 16 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- Avivabrickoven.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 16099 PERRY HIGHWAY, Warrendale, PA 15086
- Legal form
- Corporation
- Jurisdiction
- PA
- Incorporated
- May 1, 2010
- SEC CIK
- 0002011559
Offering terms
From the offering filed February 20, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $75,000
- Deadline
- March 21, 2024
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C-U filed April 24, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,874,063 | $1,657,587 | sec.gov |
| Cost of goods sold | $1,085,773 | $901,915 | sec.gov |
| Net income | $31,511 | $-53,561 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $790,437 | $703,720 | sec.gov |
| Cash | $11,437 | $24,543 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $35,595 | $39,329 | sec.gov |
| Long-term debt | $467,902 | $420,007 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 24, 2024 | Progress update | $25,000 | $75,000 | March 21, 2024 | Total raised $28,193 | sec.gov |
| February 20, 2024 | Offering | $25,000 | $75,000 | March 21, 2024 | sec.gov |
Updated April 24, 2024. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.