Data / Crowdfunding / Maryland / Shah Burgers LLC
Shah Burgers LLC: crowdfunding raise on Honeycomb Portal LLC, $30,000 to $60,000 (2024)
Shah Burgers LLC, a limited liability company in Waldorf, MD, filed a Form C with the SEC on August 16, 2024 to raise $30,000 to $60,000 in debt through Honeycomb Portal LLC. The offering closed on September 23, 2024. In its most recent fiscal year it reported $666,802 in revenue and a net loss of $138,573, with 14 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
- www.hangryjoes.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 3248A CRAIN HIGHWAY, Waldorf, MD 20603
- Legal form
- Limited Liability Company
- Jurisdiction
- MD
- Incorporated
- March 16, 2020
- SEC CIK
- 0002033140
Offering terms
From the offering filed August 16, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $30,000
- Maximum
- $60,000
- Deadline
- September 23, 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 filed August 16, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $666,802 | $0 | sec.gov |
| Cost of goods sold | $232,426 | $0 | sec.gov |
| Net income | $-138,573 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $448,796 | $0 | sec.gov |
| Cash | $41,830 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $17,454 | $0 | sec.gov |
| Long-term debt | $364,876 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 16, 2024 | Offering | $30,000 | $60,000 | September 23, 2024 | sec.gov |
Updated August 16, 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.