Open Road Bar LLC
View this filing on EDGAR (filing index, accession 0002044644-24-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | Open Road Bar LLC | (Form C, issuer information) |
|---|---|---|
| State | PA | (Form C, issuer information) |
| Platform | Honeycomb Portal LLC | (Form C, issuer information) |
| Filing date | 2024-11-13 | (EDGAR filing index) |
| Date of incorporation | 2020-01-01 | (Form C, issuer information) |
| Employees | 3 | (Form C, issuer information) |
| Security offered | Debt | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $50,000 | (Form C, offering information) |
| Maximum ask | $120,000 | (Form C, offering information) |
| Offering deadline | 2025-01-06 | (Form C, offering information) |
| Platform 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. | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $303,523 | $184,592 | (Form C, financial summary) |
| Cost of goods sold | $182,542 | $120,063 | (Form C, financial summary) |
| Net income | -$1,788 | $12,241 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $16,916 | $12,590 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $50,055 | $32,117 | (Form C, financial summary) |
| Short-term debt | $324 | -$1,893 | (Form C, financial summary) |
| Long-term debt | $0 | $0 | (Form C, financial summary) |
Mechanical checks that fired
- Platform compensation of 8% or more. The platform compensation stated in the Form C is 8% or more of the offering.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Company website as listed in the Form C: https://openroadbarpgh.com
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