Classic Coffee Tea and Books
Regulation Crowdfunding offering on Honeycomb Credit
$3,784
of $30,000 goal
12.6% funded
About the offering
Classic Coffee, Tea and Books is a café, bookstore, and ice cream parlor located in Ashland, Virginia. The business launched as a mobile coffee trailer in late 2023, serving regional farmers markets and special events before transitioning into a brick-and-mortar retail storefront, also opened in late 2023. The establishment offers artisan coffee, Italian sodas, ice cream, a curated selection of retail books, and fresh baked goods produced through an on-site baking operation. It has received local recognition as the best coffee in Ashland and has been featured three times on Channel 6 news. The business positions itself as a community gathering space serving the Ashland area with diversified product offerings. The company is raising between $50,000 and $75,000 in debt-based securities under Regulation CF, with a 60-month loan term and a 14% interest rate. Proceeds are intended to be allocated 80% toward business expansion — specifically toward growing into the Mechanicsville, Virginia market, including potential acquisition of an existing business with a retail and commercial following — and 20% toward working capital. The company also notes plans to expand its baking operations over the next two years, with a focus on gluten-free baked goods, and intends to open an additional location in the Chesterfield, Virginia area within the next three years.
FAQ
How much has Classic Coffee Tea and Books raised?
Classic Coffee Tea and Books has raised $3,784 of a $30,000 goal.
Where is Classic Coffee Tea and Books's campaign listed?
The offering is listed on Honeycomb Credit, an SEC-registered Reg CF intermediary.
What are the terms of Classic Coffee Tea and Books's raise?
Debt, 14% interest, 60-month term.
When does Classic Coffee Tea and Books's offering close?
The stated close date is Aug 13, 2026.
