About
Best in Class: Purveyor, Caterer, Restaurant Operator. We are the real farmer's market. The Butcher Shop is back. You can buy all of our products online or visit one of our boutiques or drop by one of our restaurants: The Wagyu Bar, Tripping Animals, Biscayne Bay Brewing, Magic13 Brewing, Undisclosed Miami and soon The Wagyu House!
- Miami, United States of America
- Legal Name: Meat N' Bone By The Butcher's Fund, INC.
- Company ID:
- Year Founded: 2022
- Industry: Food & Beverages
- Website: https://meatnbone.com/
- SEC Filings
Highlights
$33M
CF Valuation
$219.9K
Total Raised
$10.6M
Revenue
3
Employees
Indicators
Profit Margin
-5.5%
(-1.5%)
2023: -4%
Current Ratio
1.12
(-28.2%)
2023: 1.56
Revenue Growth
Financials
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $10,640,141 | $10,640,141 | $9,901,743 | 7% |
| Cost of Goods Sold | -$5,513,617 | -$5,513,617 | -$5,564,945 | -1% |
| Gross Profit | $5,126,524 | $5,126,524 | $4,336,798 | 18% |
| Other Costs | -$5,709,756 | -$5,709,756 | -$4,728,964 | 21% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$583,232 | -$583,232 | -$392,166 | 49% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $102,842 | $102,842 | $248,848 | -59% |
| Accounts Receivable | $0 | $0 | $0 | — |
| Total Liquidity | $102,842 | $102,842 | $248,848 | -59% |
| Other Assets | $2,939,843 | $2,939,843 | $2,299,922 | 28% |
| Total Assets | $3,042,685 | $3,042,685 | $2,548,770 | 19% |
| Short Term debt | $2,711,380 | $2,711,380 | $1,632,236 | 66% |
| Long Term debt | $620,991 | $620,991 | $866,981 | -28% |
| Total Debt | $3,332,371 | $3,332,371 | $2,499,217 | 33% |
| Other Liabilities | -$289,686 | -$289,686 | $49,553 | -685% |
| Total Liabilities | $3,042,685 | $3,042,685 | $2,548,770 | 19% |
Revenue Growth
Employee Growth
Financials
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $10,640,141 | $10,640,141 | $9,901,743 | 7% |
| Cost of Goods Sold | -$5,513,617 | -$5,513,617 | -$5,564,945 | -1% |
| Gross Profit | $5,126,524 | $5,126,524 | $4,336,798 | 18% |
| Other Costs | -$5,709,756 | -$5,709,756 | -$4,728,964 | 21% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$583,232 | -$583,232 | -$392,166 | 49% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $102,842 | $102,842 | $248,848 | -59% |
| Accounts Receivable | $0 | $0 | $0 | — |
| Total Liquidity | $102,842 | $102,842 | $248,848 | -59% |
| Other Assets | $2,939,843 | $2,939,843 | $2,299,922 | 28% |
| Total Assets | $3,042,685 | $3,042,685 | $2,548,770 | 19% |
| Short Term debt | $2,711,380 | $2,711,380 | $1,632,236 | 66% |
| Long Term debt | $620,991 | $620,991 | $866,981 | -28% |
| Total Debt | $3,332,371 | $3,332,371 | $2,499,217 | 33% |
| Other Liabilities | -$289,686 | -$289,686 | $49,553 | -685% |
| Total Liabilities | $3,042,685 | $3,042,685 | $2,548,770 | 19% |
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $10,640,141 | $10,640,141 | $9,901,743 | 7% |
| Cost of Goods Sold | -$5,513,617 | -$5,513,617 | -$5,564,945 | -1% |
| Gross Profit | $5,126,524 | $5,126,524 | $4,336,798 | 18% |
| Other Costs | -$5,709,756 | -$5,709,756 | -$4,728,964 | 21% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$583,232 | -$583,232 | -$392,166 | 49% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $102,842 | $102,842 | $248,848 | -59% |
| Accounts Receivable | $0 | $0 | $0 | — |
| Total Liquidity | $102,842 | $102,842 | $248,848 | -59% |
| Other Assets | $2,939,843 | $2,939,843 | $2,299,922 | 28% |
| Total Assets | $3,042,685 | $3,042,685 | $2,548,770 | 19% |
| Short Term debt | $2,711,380 | $2,711,380 | $1,632,236 | 66% |
| Long Term debt | $620,991 | $620,991 | $866,981 | -28% |
| Total Debt | $3,332,371 | $3,332,371 | $2,499,217 | 33% |
| Other Liabilities | -$289,686 | -$289,686 | $49,553 | -685% |
| Total Liabilities | $3,042,685 | $3,042,685 | $2,548,770 | 19% |
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $10,640,141 | $10,640,141 | $9,901,743 | 7% |
| Cost of Goods Sold | -$5,513,617 | -$5,513,617 | -$5,564,945 | -1% |
| Gross Profit | $5,126,524 | $5,126,524 | $4,336,798 | 18% |
| Other Costs | -$5,709,756 | -$5,709,756 | -$4,728,964 | 21% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$583,232 | -$583,232 | -$392,166 | 49% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $102,842 | $102,842 | $248,848 | -59% |
| Accounts Receivable | $0 | $0 | $0 | — |
| Total Liquidity | $102,842 | $102,842 | $248,848 | -59% |
| Other Assets | $2,939,843 | $2,939,843 | $2,299,922 | 28% |
| Total Assets | $3,042,685 | $3,042,685 | $2,548,770 | 19% |
| Short Term debt | $2,711,380 | $2,711,380 | $1,632,236 | 66% |
| Long Term debt | $620,991 | $620,991 | $866,981 | -28% |
| Total Debt | $3,332,371 | $3,332,371 | $2,499,217 | 33% |
| Other Liabilities | -$289,686 | -$289,686 | $49,553 | -685% |
| Total Liabilities | $3,042,685 | $3,042,685 | $2,548,770 | 19% |
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $10,640,141 | $10,640,141 | $9,901,743 | 7% |
| Cost of Goods Sold | -$5,513,617 | -$5,513,617 | -$5,564,945 | -1% |
| Gross Profit | $5,126,524 | $5,126,524 | $4,336,798 | 18% |
| Other Costs | -$5,709,756 | -$5,709,756 | -$4,728,964 | 21% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$583,232 | -$583,232 | -$392,166 | 49% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $102,842 | $102,842 | $248,848 | -59% |
| Accounts Receivable | $0 | $0 | $0 | — |
| Total Liquidity | $102,842 | $102,842 | $248,848 | -59% |
| Other Assets | $2,939,843 | $2,939,843 | $2,299,922 | 28% |
| Total Assets | $3,042,685 | $3,042,685 | $2,548,770 | 19% |
| Short Term debt | $2,711,380 | $2,711,380 | $1,632,236 | 66% |
| Long Term debt | $620,991 | $620,991 | $866,981 | -28% |
| Total Debt | $3,332,371 | $3,332,371 | $2,499,217 | 33% |
| Other Liabilities | -$289,686 | -$289,686 | $49,553 | -685% |
| Total Liabilities | $3,042,685 | $3,042,685 | $2,548,770 | 19% |
Indicators
Profit Margin
-5.5%
(-1.5%)
2023: -4%
Current Ratio
1.12
(-28.2%)
2023: 1.56
Efficiency Ratio
51.8%
(-7.8%)
2023: 56.2%
Key figures
| INCOME STATEMENT | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue Growth | 8% | 8% | ∞ |
| Profit Margin | -6% | -6% | -4% |
| Current Ratio | 1% | 1% | 2% |
| Efficiency Ratio | 52% | 52% | 56% |
| Solvency Ratio | -18% | -18% | -16% |
| Debt Ratio | 110% | 110% | 98% |
Funding History
1 Funding Round
$219,884Total Raised
$33,000,000CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Closed | Closed | Mar 06, 2025 | $219,884 | StartEngine | Equity | $33M valuation | — | SEC Reg CF | 183 days | Sep 04, 2024 |
