The Spot Plattsburg
Regulation Crowdfunding offering on Honeycomb Credit
$12,094
of $25,000 goal
48.4% funded
About the offering
The Spot, Plattsburgh is a café and pastry business located in Plattsburgh, New York, currently undergoing a generational ownership transition. Jordan Hill, the incoming owner, has been involved in the restaurant industry since age 11, shaped by a family deeply rooted in food and hospitality. His mother and aunt both operated restaurants, and his upbringing included learning to bake and prepare breakfast service from family members. Jordan has spent eight years at the current establishment and has served as its manager for the past five years, overseeing menu pricing, inventory management, and procurement. In late 2024, Jordan led a strategic relocation to a higher-traffic site and assumed greater operational control. These changes resulted in a reported 32.55% increase in sales and a 29.75% reduction in expenses during the 2025 period. The business offers high-quality baked goods and signature sandwiches, with an emphasis on consistency, craftsmanship, and a relaxed community atmosphere. Jordan is now transitioning from manager to owner, taking over a business with an established loyal customer base. The campaign is raising between $10,000 and $25,000 in debt-based financing (Reg CF) through Honeycomb Portal LLC, with a 14% interest rate and a 60-month loan term. The vision for The Spot Plattsburgh, LLC is to remain a staple of the local food scene, grounded in hospitality and culinary excellence, while continuing to develop the team and menu that have defined its current success.
FAQ
How much has The Spot Plattsburg raised?
The Spot Plattsburg has raised $12,094 of a $25,000 goal.
Where is The Spot Plattsburg's campaign listed?
The offering is listed on Honeycomb Credit, an SEC-registered Reg CF intermediary.
What are the terms of The Spot Plattsburg's raise?
Debt, 14% interest, 60-month term.
When does The Spot Plattsburg's offering close?
The stated close date is Jul 22, 2026.
