McAndrews Restaurants Inc

CIK: 1805103PAIncorporated: 2010-03-12

Current Offering

$20,000
Target Amount
$68,000
Maximum Amount
2020-04-23
Deadline

Security Details

Type: Debt
Price per share: $1.00
Shares offered: 0+

Offering Costs

Cash commission: 8%
Applied at marginal rate based on amount raised. Amount raised b/w $10k - $50K = 8.0%. Amount $50,001+ = 7.0%. 2.85% per investment (capped @ $37.25) and a $250 posting fee
Equity compensation: 0%
None

Financial Reports

Offering via Honeycomb

Offering History

As of 2020-03-03
Raising $20,000 -$68,000 via 0+ shares of debt at $1.00 per share
Deadline: 2020-04-23
As of 2020-03-26
Raising $20,000 -$68,000 via 0+ shares of debt at $1.00 per share
Deadline: 2020-06-19
As of 2023-01-30
Raising $30,000 -$75,000 via 0+ shares of debt at $1.00 per share
Deadline: 2023-03-16
Filing date2020-03-032023-01-30
Current employees33
Act received most recent fiscal year$0.00$0.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$5,405$0.00
Cash equi prior fiscal year$1,526$2,706
Cost goods sold most recent fiscal year$95,421$234,092
Cost goods sold prior fiscal year$105,014$144,876
Long term debt most recent fiscal year$0.00$37,763
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year$40,622$38,975
Net income prior fiscal year$27,017$30,051
Revenue most recent fiscal year$299,339$400,227
Revenue prior fiscal year$287,258$327,775
Short term debt most recent fiscal year$28,117$39,091
Short term debt prior fiscal year$16,922$17,362
Tax paid most recent fiscal year$0.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$36,472$38,828
Total asset prior fiscal year$27,858$41,622

Financial Reports

Offering via Honeycomb

Offering History

As of 2020-03-03
Raising $20,000 -$68,000 via 0+ shares of debt at $1.00 per share
Deadline: 2020-04-23
As of 2020-03-26
Raising $20,000 -$68,000 via 0+ shares of debt at $1.00 per share
Deadline: 2020-06-19
As of 2023-01-30
Raising $30,000 -$75,000 via 0+ shares of debt at $1.00 per share
Deadline: 2023-03-16
Filing date2020-03-032023-01-30
Current employees33
Act received most recent fiscal year$0.00$0.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$5,405$0.00
Cash equi prior fiscal year$1,526$2,706
Cost goods sold most recent fiscal year$95,421$234,092
Cost goods sold prior fiscal year$105,014$144,876
Long term debt most recent fiscal year$0.00$37,763
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year$40,622$38,975
Net income prior fiscal year$27,017$30,051
Revenue most recent fiscal year$299,339$400,227
Revenue prior fiscal year$287,258$327,775
Short term debt most recent fiscal year$28,117$39,091
Short term debt prior fiscal year$16,922$17,362
Tax paid most recent fiscal year$0.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$36,472$38,828
Total asset prior fiscal year$27,858$41,622

Company Information

Limited Liability Company
PA
2010-03-12

Latest Metrics

Employees3
Total Assets$36,472
Cash on Hand$5,405
Revenues$299,339
Net Income$40,622

Crowdfunding Portals

This company is raising funds through this portal