Hometown International (HWIN) 10-Q 15 May 20 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2020	May 13, 2020
Document and Entity Information [Abstract]
Entity Registrant Name	HOMETOWN INTERNATIONAL, INC.
Entity Central Index Key	0001632081
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Mar. 31, 2020
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2020
Entity Current reporting Status	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Common Stock, Shares Outstanding		7,797,004
Entity File Number	333-207488
Entity Interactive Data Current	No
Entity Incorporation State Country Code	NV

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Current Assets
Cash	$ 10,198	$ 5,382
Inventory	518	1,044
Total Current Assets	10,716	6,426
Leasehold improvements and equipment, net	4,227	6,038
Operating lease asset, net	7,021	8,324
Total Assets	21,964	20,788
Current Liabilities
Accounts payable and accrued expenses	113,787	68,981
Operating lease liability, current	5,547	5,411
Due to Officers - related parties	58,003	53,017
Note payable - related party	330,104	362,104
Total Current Liabilities	507,441	489,513
Long Term Liabilities
Operating lease liability, net of current	1,474	2,913
Total Liabilities	508,915	492,426
Commitments and Contingencies (See Note 6)
Stockholders' Deficit
Common stock, $0.0001 par value; 250,000,000 shares authorized, 5,297,004  and 5,235,340 issued and outstanding, respectively	533	523
Treasury stock, 38,336 and 0 shares at March 31, 2020 and December 31, 2019, respectively	(38,336)
Additional paid-in capital	442,463	334,759
Accumulated deficit	(891,611)	(806,920)
Total Stockholders' Deficit	(486,951)	(471,638)
Total Liabilities and Stockholders' Deficit	$ 21,964	$ 20,788

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized	250,000,000	250,000,000
Common stock, issued	5,297,004	5,235,340
Common stock, outstanding	5,297,004	5,235,340
Treasury stock, shares	38,336	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Statement [Abstract]
Sales	$ 3,577	$ 4,608
Costs and Expenses
Food, beverage and supplies	2,652	3,951
Direct operating and occupancy	2,234	2,527
Depreciation	1,811	1,804
Professional fees	59,320	20,749
General and administrative	14,922	11,782
Total cost and expenses	80,939	40,813
Loss from Operations	(77,362)	(36,205)
Other Expenses
Interest Expense	(7,329)	(6,238)
Total Other Expenses	(7,329)	(6,238)
LOSS FROM OPERATIONS BEFORE INCOME TAXES	(84,691)	(42,443)
Provision for Income Taxes
NET LOSS	$ (84,691)	$ (42,443)
Net Loss Per Share - Basic and Diluted	$ (0.02)	$ (0.01)
Weighted average number of shares outstanding during the period - Basic and Diluted	5,244,291	5,235,340

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Stockholders' Deficit (Unaudited) - USD ($)	Common stock	Treasury Shares	Additional paid-in capital	Accumulated Deficit	Total
Balance beginning at Dec. 31, 2018	$ 523		$ 303,903	$ (657,579)	$ (353,153)
Balance beginning (in shares) at Dec. 31, 2018	5,235,340
In kind contribution of services			7,714		7,714
Net loss				(42,443)	(42,443)
Balance ending at Mar. 31, 2019	$ 523		311,617	(700,022)	(387,882)
Balance ending (in shares) at Mar. 31, 2019	5,235,340
Balance beginning at Dec. 31, 2019	$ 523		334,759	(806,920)	(471,638)
Balance beginning (in shares) at Dec. 31, 2019	5,235,340
Conversion of note payable - related party to common shares ($1.00/ per share)	$ 10		99,990		100,000
Conversion of note payable - related party to common shares ($1.00/ per share), shares	100,000
Repurchase of common shares ($1.00/ per share)					(38,336)
Repurchase of common shares ($1.00/ per share), shares	(38,336)	(38,336)
In kind contribution of services			7,714		7,714
Net loss				(84,691)	(84,691)
Balance ending at Mar. 31, 2020	$ 533		$ 442,463	$ (891,611)	$ (486,951)
Balance ending (in shares) at Mar. 31, 2020	5,297,004	(38,336)

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Stockholders' Deficit (Parenthetical) - $ / shares	Mar. 31, 2020	Mar. 31, 2019
Statement of Stockholders' Equity [Abstract]
Price per share	$ 1	$ 1

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash Flows From Operating Activities:
Net Loss	$ (84,691)	$ (42,443)
Adjustments to reconcile net loss to net cash used in operations
In-kind contribution of services	7,714	7,714
Depreciation expense	1,811	1,804
Amortization of operating lease assets	1,303
Changes in operating assets and liabilities:
Decrease in inventory	526	304
Increase in accounts payable and accrued expenses	44,806	19,478
Decrease in operating lease liability	(1,303)
Net Cash Used In Operating Activities	(29,834)	(13,143)
Net Cash Used In Investing Activities
Cash Flows From Financing Activities:
Proceeds from/due to officers	4,986	997
Repayment of note payable - related party	(2,000)
Proceeds from note payable - related party	70,000	12,000
Purchase of common stock	(38,336)
Net Cash Provided by Financing Activities	34,650	12,997
Net Increase (Decrease) in Cash	4,816	(146)
Cash at Beginning of Period	5,382	609
Cash at End of Period	10,198	463
Supplemental disclosure of cash flow information:
Cash paid for interest
Cash paid for taxes
Supplemental disclosure of non-cash investing and financing activities:
Note payable - related party, converted into shares of common stock	$ 100,000

Summary of Significant Accounti

Summary of Significant Accounting Policies and Organization	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION	NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION (A) Organization and Basis of Presentation The accompanying condensed consolidated unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the Securities and Exchange Commission for interim financial information. Accordingly, they do not include all the information necessary for a comprehensive presentation of financial position and results of operations. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in our Annual Report on Form 10-K for the year ended December 31, 2019 filed with the SEC on March 30, 2020. It is management's opinion that all material adjustments (consisting of normal recurring adjustments) have been made, which are necessary for a fair financial statements presentation. The results for the interim period are not necessarily indicative of the results to be expected for the year. Hometown International, Inc. (the "Company") was incorporated under the laws of the State of Nevada on May 19, 2014. The Company is the originator of a new "Delicatessen" concept ("Your Hometown Deli"). The Company intends that its delicatessens will feature "home-style" sandwiches and other entrees in a casual friendly atmosphere. Hometown Delis are designed to be comfortable community gathering places for guests of all ages. On January 18, 2014, Your Hometown Deli, LLC. was formed under the laws of the State of New Jersey. On May 29, 2014, Your Hometown Deli, LLC, entered into a Membership Interest Purchase Agreement with Hometown International, Inc. For accounting purposes, this transaction is being accounted for as a merger of entities under common control and has been treated as a recapitalization of Hometown International, Inc. with Your Hometown Deli, LLC, as the accounting acquirer). The historical financial statements of the accounting acquirer became the financial statements of the registrant. The Company did not recognize goodwill or any intangible assets in connection with the transaction. The 5,000,000 shares issued to the shareholder of Your Hometown Deli, LLC, in conjunction with the share exchange transaction has been presented as outstanding for all periods. The Company's accounting year end is December 31, which is the year end of Your Hometown Deli, LLC. (B) Principles of Consolidation The accompanying March 31, 2020 and 2019, condensed consolidated financial statements include the accounts of Hometown International, Inc. and its wholly owned subsidiary, Your Hometown Deli, LLC. All intercompany accounts have been eliminated upon consolidation. (C) Use of Estimates In preparing financial statements in conformity with generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Significant estimates include valuation of in kind contribution of service and valuation of deferred tax assets. Actual results could differ from those estimates. (D) Cash and Cash Equivalents The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. At March 31, 2020 and 2019, the Company had no cash equivalents. (E) Loss Per Share Basic and diluted net loss per common share is computed based upon the weighted average common shares outstanding as defined by FASB ASC No. 260, "Earnings Per Share." Diluted loss per share is computed by dividing net loss by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during the period. The Company has no common stock equivalents and potentially dilutive securities outstanding for the three months ended March 31, 2020 and 2019, respectively. (F) Income Taxes The Company accounts for income taxes under FASB Codification Topic 740-10-25 ("ASC 740-10-25"). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. ( G) Property and Equipment Property and equipment is recorded at cost and depreciated or amortized using the straight-line method over the estimated useful life of the asset or the underlying lease term for leasehold improvements, whichever is shorter onset the property and equipment is put into service. (H) Revenue Recognition Effective January 1, 2018, the Company recognizes revenue in accordance with Accounting Standards Codification, Revenue from Contracts with Customers (Topic 606). The standard states that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company generates revenue operating a delicatessen. Revenue from the operations of Company-owned delicatessen are recognized when sales occur. (I) Fair Value of Financial Instruments The Company measures its financial assets and liabilities in accordance with GAAP. For certain of our financial instruments, including cash, accounts payable, and the short-term portion of long-term debt, the carrying amounts approximate fair value due to their short maturities. We adopted accounting guidance for financial and non-financial assets and liabilities (ASC 820). The adoption did not have a material impact on our results of operations, financial position or liquidity. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. This standard does not require any new fair value measurements, but rather applies to all other accounting pronouncements that require or permit fair value measurements. This guidance does not apply to measurements related to share-based payments. This guidance discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The guidance utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: ● Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. ● Level 2: Inputs other than quoted prices that are observable, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. ● Level 3: Unobservable inputs in which little or no market data exists, therefore developed using estimates and assumptions developed by us, which reflect those that a market participant would use. (J) Recent Accounting Pronouncements All other newly issued accounting pronouncements but not yet effective have been deemed either immaterial or not applicable. (K) Business Segments The Company operates in one segment and therefore segment information is not presented. (L) Inventories Inventories consist of food and beverages, and are stated at cost.

Leasehold Improvement and Equip

Leasehold Improvement and Equipment	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
LEASEHOLD IMPROVEMENT AND EQUIPMENT	NOTE 2 LEASEHOLD IMPROVEMENT AND EQUIPMENT Leasehold improvement and equipment consist of the following at March 31, 2020 and December 31, 2019: March 31, December 31, 2020 2019 Leasehold Improvements 33,455 33,455 Equipment 3,120 3,120 Leasehold Improvements and Equipment 36,575 36,575 Less: Accumulated Depreciation (32,348 ) (30,537 ) Leasehold Improvements and Equipment, Net $ 4,227 $ 6,038 Depreciation expense was $1,811 and $1,804 for the three months ended March 31, 2020 and 2019, respectively.

Note Payable - Related Party

Note Payable - Related Party	3 Months Ended
	Mar. 31, 2020
Due to Related Parties, Current [Abstract]
NOTE PAYABLE - RELATED PARTY	NOTE 3 NOTE PAYABLE – RELATED PARTY On March 18, 2020, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., Chairman in the amount of $50,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on March 31, 2021. As of March 31, 2020, the Company accrued $208 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 9). On February 13, 2020, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., Chairman in the amount of $20,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on February 13, 2021. As of March 31, 2020, the Company accrued $142 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 9). On December 31, 2019, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., our Chairman of the Board in the amount of $10,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on December 31, 2020. As of March 31, 2020, the Company accrued $201 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 9). On December 31, 2019, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., our Chairman of the Board in the amount of $175,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on June 30, 2020. As of March 31, 2020, the Company accrued $3,523 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 9). On December 31, 2019, the Company and a related party note holder agreed to combine the principal and accrued interest of multiple notes and issued a new unsecured promissory note in the amount of $144,979. The note is bearing 8% interest, unsecured and due on December 31, 2020. On March 18, 2020, the Company, entered into a Debt Exchange Agreement with a related party pursuant to which $100,000 of the principal amount of debt owed by the Company was converted to 100,000 shares of the Company's common stock. The remaining principal balance owed to such party in the amount of $44,978.54, plus any accrued and unpaid interest, is due and payable on December 31, 2020. As of March 31, 2020, the Company accrued $2,647 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 9). On December 31, 2019, the Company and Peter L. Coker, Jr., our Chairman of the Board agreed to combine the principal and accrued interest of a note and issued a new unsecured promissory note in the amount of $30,126. The note is bearing 8% interest, unsecured and due on December 31, 2020. As of March 31, 2020, the Company accrued $607 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 9). On October 16, 2014, the Company entered into an unsecured promissory note with a related party in the amount of $2,000. Pursuant to the terms of the note, the note is non-interest bearing, unsecured and is due on demand. On January 25, 2020, the note principal was repaid in full (See Note 9).

Due To Officers - Related Party

Due To Officers - Related Party	3 Months Ended
	Mar. 31, 2020
Due to Related Parties, Current [Abstract]
DUE TO OFFICERS - RELATED PARTY	NOTE 4 DUE TO OFFICERS – RELATED PARTY During the three months ended March 31, 2020, certain officers paid an aggregate $4,986 in expenses on Company's behalf as an advance. Pursuant to the terms of the note, the note was non-interest bearing, unsecured and was due on demand. As of March 31 2020, the balance due to officers was $58,003 (See Note 9).

Stockholders' Deficit

Stockholders' Deficit	3 Months Ended
	Mar. 31, 2020
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' DEFICIT	NOTE 5 STOCKHOLDERS' DEFICIT (A) Increase in Authorized Shares On March 23, 2020, the Company filed a Certificate of Amendment to the Company's Articles of Incorporation with the Secretary of State of the State of Nevada increasing the number of shares of common stock the Company is authorized to issue from 100,000,000 to 250,000,000. (B) In kind contribution of services For the three months ended March 31, 2020 and 2019, the Company recorded $7,714 and $7,714, respectively, as in kind contribution of services provided by President and Vice President of the Company (See Note 7). (C) Common stock repurchase On March 18, 2020, the Company repurchased an aggregate of 38,336 shares of the Company's common stock from a total of 11 shareholders, at a purchase price of $1.00 per share. These shares were returned to the Company's number of authorized but unissued shares of common stock. (D) Warrant Issuance On March 18, 2020, the Board of Directors of the Company authorized the issuance of warrants to the shareholders of record as of March 31, 2020. As of such date, the Company shall send each shareholder of record (i) five Class A Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $1.25 per share, (ii) five Class B Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $1.50 per share, (iii) five Class C Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $1.75 per share and (iv) five Class D Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $2.00 per share, with each warrant expiring on March 31, 2035. As of March 31, 2020, no warrants have been issued. The Company issued 38,985,020 warrants of each class on April 15, 2020 (See Note 9). (E) Common Stock Issued on Debt Conversion On March 18, 2020, the Company, entered into a Debt Exchange Agreement with a related party pursuant to which $100,000 of the principal amount of debt owed by the Company was converted to 100,000 shares of the Company's common stock (See Note 3).

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 6 COMMITMENTS AND CONTINGENCIES Operating Lease Agreement On July 1, 2014, the Company entered into a five-year non-cancelable operating lease with a related party for its store space at a monthly rate of $500. On September 21, 2015, the Company executed the lease and opened the store on October 14, 2015. On December 29, 2015, the Company signed an addendum to the lease for the lease agreement to start 30 days after the opening of the deli. The store opened on October 14, 2015, the first payments would have been due on November 15, 2015, however since the deli was not fully functioning, the first monthly rent payment was due January 1, 2016. On August 12, 2019, the Company was granted a two-year extension of non-cancelable operating lease with a related party for its store space at a monthly rate of $500. For the three months ended March 31, 2020 and 2019, the Company had a rent expense of $1,500 and $1,500, respectively (See Note 7). The Company accounts for lease in accordance with ASC Topic 842. Supplemental consolidated balance sheet information related to leases was as follows: March 31, Operating lease assets - right of use $ 7,021 Lease Liability $ 7,021 Less: operating lease liability, current (5,547 ) Long term operating lease liability $ 1,474 Supplemental disclosures of cash flow information related to leases were as follows: For the three months ended March 31, For the three months ended March 31, C ash paid for operating lease liabilities $ 1,500 $ 1,500 For the three months ended March 31, 2020 and 2019, the total lease cost were $1,500 and $1,500, respectively. The Company did not incur any variable lease cost for both periods.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 7 RELATED PARTY TRANSACTIONS On July 1, 2014, the Company entered into a five-year non-cancelable operating lease with a related party for its store space at a monthly rate of $500. On September 21, 2015, the Company executed the lease and opened the store on October 14, 2015. On December 29, 2015, the Company signed an addendum to the lease for the lease agreement to start 30 days after the opening of the deli. The store opened on October 14, 2015, the first payments would have been due on November 15, 2015, however since the deli was not fully functioning, the first monthly rent payment was due January 1, 2016. On August 12, 2019, the Company was granted a two-year extension of non-cancelable operating lease with a related party for its store space at a monthly rate of $500. For the three months ended March 31, 2020 and 2019, the Company had a rent expense of $1,500 and $1,500, respectively (See Note 6). On October 16, 2014, the Company entered into an unsecured promissory note with a related party in the amount of $2,000. Pursuant to the terms of the note, the note is non-interest bearing, unsecured and is due on demand. On January 25, 2020, the note principal was repaid in full (See Note 3). For the three months ended March 31, 2020 and 2019, the Company recorded $7,714 and $7,714 as in kind contribution of services provided by President and Vice President of the Company (See Note 5(B)). During three months ended March 31, 2020, certain officers paid an aggregate $4,986 in expenses on Company's behalf as an advance. Pursuant to the terms of the note, the note was non-interest bearing, unsecured and was due on demand. As of March 31, 2020, the balance due to officers was $58,003 (See Note 4). On December 31, 2019, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., our Chairman of the Board in the amount of $10,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on December 31, 2020. As of March 31, 2020, the Company accrued $201 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 3) On December 31, 2019, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., our Chairman of the Board in the amount of $175,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on June 30, 2020. As of March 31, 2020, the Company accrued $3,523 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 3). On December 31, 2019, the Company and a related party note holder agreed to combine the principal and accrued interest of multiple notes and issued a new unsecured promissory note in the amount of $144,979. The note is bearing 8% interest, unsecured and due on December 31, 2020. On March 18, 2020, the Company, entered into a Debt Exchange Agreement with a related party pursuant to which $100,000 of the principal amount of debt owed by the Company was converted to 100,000 shares of the Company's common stock. The remaining principal balance owed to such party in the amount of $44,978.54, plus any accrued and unpaid interest, is due and payable on December 31, 2020. As of March 31, 2020, the Company accrued $2,647 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 3). On December 31, 2019, the Company and Peter L. Coker, Jr., our Chairman of the Board agreed to combine the principal and accrued interest of a note and issued a new unsecured promissory note in the amount of $30,126. The note is bearing 8% interest, unsecured and due on December 31, 2020. As of March 31, 2020, the Company accrued $607 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 3). On March 18, 2020, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., Chairman in the amount of $50,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on March 31, 2021. As of March 31, 2020, the Company accrued $208 in interest expense. As of March 31, 2020, the Company accrued $208 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 3). On February 13, 2020, the Company entered into an unsecured promissory note with Peter L. Coker, Jr., Chairman in the amount of $20,000. Pursuant to the terms of the note, the note is bearing 8% interest, unsecured and is due on February 13, 2021. As of March 31, 2020, the Company accrued $142 in interest expense. On April 24, 2020, the note principal and accrued interest were repaid in full (See Note 3).

Going Concern

Going Concern	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 8 GOING CONCERN As reflected in the accompanying condensed consolidated financial statements, the Company used cash in operations of $29,834, has an accumulated deficit of $891,611, and has a net loss of $84,691 for the three months ended March 31, 2020. On March 23, 2020, we have temporarily closed the delicatessen given the stay-at-home order issued by the governor of New Jersey. We plan to reopen the delicatessen once the order is lifted. We experienced a decrease in revenues as a result of the COVID-19 pandemic even before the stay-at-home order was issued. Even once the order is lifted and the delicatessen is re-opened, we a may have a slowdown in customer's visit due to the current economic condition. There will be no assurances that we will generate sufficient revenues. We expect our growth rate and sales to be volatile in the near term as a result of the COVID-19 once we resume our delicatessen operations. We may not have sufficient working capital to fund the expansion of our operations and to provide working capital necessary for our ongoing operations and obligations. We need to raise significant additional capital to fund our operating expenses, pay our obligations, and grow our company. Therefore, our future operations may be dependent on our ability to secure additional financing. The COVID-19 pandemic may have an adverse impact on the Company's ability to raise capital or to continue as a going concern. As a result of the above, there is substantial doubt about the ability of the Company to continue as a going concern and the accompanying condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The accompanying condensed consolidated financial statements do not include any adjustments that may result from the outcome of this uncertainty.

Subsequent Event

Subsequent Event	3 Months Ended
	Mar. 31, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENT	NOTE 9 SUBSEQUENT EVENT On April 15, 2020, the Company issued twenty warrants for every one share of common stock held to shareholders of record as of April 15, 2020. The Company issued the following warrants (See Note 5 (D)): ● 38,985,020 Class A Warrants ● 38,985,020 Class B Warrants ● 38,985,020 Class C Warrants ● 38,985,020 Class D Warrants As of the date of this report, no warrants have been exercised. On April 24, 2020, the Company repaid in full a $50,000 related party promissory dated March 18, 2020 and accrued interest (See Note 3 and 7). On April 24, 2020, the Company repaid in full a $20,000 related party promissory note dated February 13, 2020 and accrued interest (See Note 3 and 7). On April 24, 2020, the Company repaid in full a $10,000 related party promissory note dated December 31, 2019 and accrued interest (See Note 3 and 7). On April 24, 2020, the Company repaid in full a $175,000 related party promissory note dated December 31, 2019 and accrued interest (See Note 3 and 7). On April 24, 2020, the Company repaid in full a $30,126 related party promissory note dated December 31, 2019 and accrued interest (See Note 3 and 7). In April 2020, the Company sold 663,750 shares of common stock to unrelated party for $663,750 in cash. The funds were received by the Company on April 14, 2020. In April 2020, the Company sold 1,380,000 shares of common stock to unrelated party for $1,380,000 in cash. The funds were received by the Company on April 15, 2020. In April 2020, the Company sold 456,250 shares of common stock to unrelated party for $456,250 in cash. The funds were received by the Company on April 14, 2020. On May 1, 2020, the Company entered into a consulting agreement with an entity related to one of our officers, to receive administrative and other miscellaneous services. The Company is required to pay $15,000 a month. The agreement is to remain in effect for one year. On May 1, 2020, the Company entered into a consulting agreement with a related party to receive consulting services. The Company is required to pay $25,000 a month. The agreement is to remain in effect for one year. We have temporarily closed the delicatessen given the stay-at-home order issued by the governor of New Jersey on March 23, 2020. We plan to reopen the delicatessen once the order is lifted. As of the date of this report, the delicatessen remains closed as the stay-at-home order has been extended until further notice.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies and Organization (Policies)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Organization and Basis of Presentation	(A) Organization and Basis of Presentation The accompanying condensed consolidated unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the Securities and Exchange Commission for interim financial information. Accordingly, they do not include all the information necessary for a comprehensive presentation of financial position and results of operations. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in our Annual Report on Form 10-K for the year ended December 31, 2019 filed with the SEC on March 30, 2020. It is management's opinion that all material adjustments (consisting of normal recurring adjustments) have been made, which are necessary for a fair financial statements presentation. The results for the interim period are not necessarily indicative of the results to be expected for the year. Hometown International, Inc. (the "Company") was incorporated under the laws of the State of Nevada on May 19, 2014. The Company is the originator of a new "Delicatessen" concept ("Your Hometown Deli"). The Company intends that its delicatessens will feature "home-style" sandwiches and other entrees in a casual friendly atmosphere. Hometown Delis are designed to be comfortable community gathering places for guests of all ages. On January 18, 2014, Your Hometown Deli, LLC. was formed under the laws of the State of New Jersey. On May 29, 2014, Your Hometown Deli, LLC, entered into a Membership Interest Purchase Agreement with Hometown International, Inc. For accounting purposes, this transaction is being accounted for as a merger of entities under common control and has been treated as a recapitalization of Hometown International, Inc. with Your Hometown Deli, LLC, as the accounting acquirer). The historical financial statements of the accounting acquirer became the financial statements of the registrant. The Company did not recognize goodwill or any intangible assets in connection with the transaction. The 5,000,000 shares issued to the shareholder of Your Hometown Deli, LLC, in conjunction with the share exchange transaction has been presented as outstanding for all periods. The Company's accounting year end is December 31, which is the year end of Your Hometown Deli, LLC.
Principles of Consolidation	(B) Principles of Consolidation The accompanying March 31, 2020 and 2019, condensed consolidated financial statements include the accounts of Hometown International, Inc. and its wholly owned subsidiary, Your Hometown Deli, LLC. All intercompany accounts have been eliminated upon consolidation.
Use of Estimates	(C) Use of Estimates In preparing financial statements in conformity with generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Significant estimates include valuation of in kind contribution of service and valuation of deferred tax assets. Actual results could differ from those estimates.
Cash and Cash Equivalents	(D) Cash and Cash Equivalents The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. At March 31, 2020 and 2019, the Company had no cash equivalents.
Loss Per Share	(E) Loss Per Share Basic and diluted net loss per common share is computed based upon the weighted average common shares outstanding as defined by FASB ASC No. 260, "Earnings Per Share." Diluted loss per share is computed by dividing net loss by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during the period. The Company has no common stock equivalents and potentially dilutive securities outstanding for the three months ended March 31, 2020 and 2019, respectively.
Income Taxes	(F) Income Taxes The Company accounts for income taxes under FASB Codification Topic 740-10-25 ("ASC 740-10-25"). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.
Property and Equipment	( G) Property and Equipment Property and equipment is recorded at cost and depreciated or amortized using the straight-line method over the estimated useful life of the asset or the underlying lease term for leasehold improvements, whichever is shorter onset the property and equipment is put into service.
Revenue Recognition	(H) Revenue Recognition Effective January 1, 2018, the Company recognizes revenue in accordance with Accounting Standards Codification, Revenue from Contracts with Customers (Topic 606). The standard states that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company generates revenue operating a delicatessen. Revenue from the operations of Company-owned delicatessen are recognized when sales occur.
Fair Value of Financial Instruments	(I) Fair Value of Financial Instruments The Company measures its financial assets and liabilities in accordance with GAAP. For certain of our financial instruments, including cash, accounts payable, and the short-term portion of long-term debt, the carrying amounts approximate fair value due to their short maturities. We adopted accounting guidance for financial and non-financial assets and liabilities (ASC 820). The adoption did not have a material impact on our results of operations, financial position or liquidity. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. This standard does not require any new fair value measurements, but rather applies to all other accounting pronouncements that require or permit fair value measurements. This guidance does not apply to measurements related to share-based payments. This guidance discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The guidance utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: ● Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. ● Level 2: Inputs other than quoted prices that are observable, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. ● Level 3: Unobservable inputs in which little or no market data exists, therefore developed using estimates and assumptions developed by us, which reflect those that a market participant would use.
Recent Accounting Pronouncements	(J) Recent Accounting Pronouncements All other newly issued accounting pronouncements but not yet effective have been deemed either immaterial or not applicable.
Business Segments	K) Business Segments The Company operates in one segment and therefore segment information is not presented.
Inventories	(L) Inventories Inventories consist of food and beverages, and are stated at cost.

Leasehold Improvement and Equ_2

Leasehold Improvement and Equipment (Tables)	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Schedule of leasehold improvement and equipment	March 31, December 31, 2020 2019 Leasehold Improvements 33,455 33,455 Equipment 3,120 3,120 Leasehold Improvements and Equipment 36,575 36,575 Less: Accumulated Depreciation (32,348 ) (30,537 ) Leasehold Improvements and Equipment, Net $ 4,227 $ 6,038

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Schedule of right of use assets	March 31, Operating lease assets - right of use $ 7,021 Lease Liability $ 7,021 Less: operating lease liability, current (5,547 ) Long term operating lease liability $ 1,474
Schedule of operating lease liabilities	For the three months ended March 31, For the three months ended March 31, C ash paid for operating lease liabilities $ 1,500 $ 1,500

Summary of Significant Accoun_3

Summary of Significant Accounting Policies and Organization (Details)	1 Months Ended	3 Months Ended
	May 29, 2014shares	Mar. 31, 2020USD ($)Segments	Dec. 31, 2019USD ($)
Summary of Significant Accounting Policies and Organization (Textual)
Cash equivalents | $
Number of operating segments | Segments		1
Your Hometown Deli, LLC [Member]
Summary of Significant Accounting Policies and Organization (Textual)
Stock issued in connection with intangible assets | shares	5,000,000

Leasehold Improvement and Equ_3

Leasehold Improvement and Equipment (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Leasehold Improvements and Equipment	$ 36,575	$ 36,575
Less: Accumulated Depreciation	(32,348)	(30,537)
Leasehold Improvements and Equipment, Net	4,227	6,038
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Leasehold Improvements and Equipment	33,455	33,455
Equipment [Member]
Property, Plant and Equipment [Line Items]
Leasehold Improvements and Equipment	$ 3,120	$ 3,120

Leasehold Improvement and Equ_4

Leasehold Improvement and Equipment (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Leasehold Improvement and Equipment (Textual)
Depreciation expense	$ 1,811	$ 1,804

Note Payable - Related Party (D

Note Payable - Related Party (Details) - USD ($)	Feb. 13, 2020	Mar. 18, 2020	Dec. 31, 2019	Mar. 31, 2020	Oct. 16, 2014
Note Payable - Related Party (Textual)
Note payable - related party			$ 362,104	$ 330,104
Repurchase of common stock		38,336
Converted shares of common stock		100,000
Due on December 31, 2020 [Member]
Note Payable - Related Party (Textual)
Note payable - related party			$ 144,979
Interest rate			8.00%
Due date			Dec. 31, 2020
Accrued interest expense				2,647
Due on December 31, 2020 [Member]
Note Payable - Related Party (Textual)
Note payable - related party			$ 10,000
Interest rate			8.00%
Due date			Dec. 31, 2020
Accrued interest expense				201
Due on June 30, 2020 [Member]
Note Payable - Related Party (Textual)
Note payable - related party			$ 175,000
Interest rate			8.00%
Due date			Jun. 30, 2020
Accrued interest expense				3,523
Due on March 31, 2021 [Member]
Note Payable - Related Party (Textual)
Note payable - related party		$ 50,000
Interest rate		8.00%
Due date		Mar. 31, 2021
Accrued interest expense				208
Due on February 13, 2021 [Member]
Note Payable - Related Party (Textual)
Note payable - related party	$ 20,000
Interest rate	8.00%
Due date	Feb. 13, 2021
Accrued interest expense				142
Due on December 31, 2020 [Member]
Note Payable - Related Party (Textual)
Note payable - related party			$ 30,126
Interest rate			8.00%
Due date			Dec. 31, 2020
Accrued interest expense				$ 607
Due on Demand [Member]
Note Payable - Related Party (Textual)
Note payable - related party					$ 2,000
Due on December 31, 2020 [Member]
Note Payable - Related Party (Textual)
Note payable - related party		$ 44,979
Due date		Dec. 31, 2020
Converted shares of common stock		100,000
Principal amount of debt owed		$ 100,000

Due To Officers - Related Par_2

Due To Officers - Related Party (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Due To Officers - Related Party (Textual)
Due to Officers - related parties	$ 58,003	$ 53,017
Officers [Member]
Due To Officers - Related Party (Textual)
Related party transaction, amounts of transaction	$ 4,986

Stockholders' Deficit (Details)

Stockholders' Deficit (Details)	1 Months Ended	3 Months Ended
	Mar. 18, 2020USD ($)Number$ / sharesshares	Mar. 31, 2020USD ($)shares	Mar. 31, 2019USD ($)	Mar. 23, 2020shares	Dec. 31, 2019shares
Stockholders' Deficit (Textual)
Common stock, authorized		250,000,000			250,000,000
Kind contribution of services | $		$ 7,714	$ 7,714
Repurchase of common stock	38,336
Purchase price | $ / shares	$ 1
Number of shareholders | Number	11
Common stock at an exercise price, description	(i) five Class A Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $1.25 per share, (ii) five Class B Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $1.50 per share, (iii) five Class C Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $1.75 per share and (iv) five Class D Warrants entitling the holder thereof to purchase five shares of common stock at an exercise price of $2.00 per share, with each warrant expiring on March 31, 2035. As of March 31, 2020, no warrants have been issued.
Issuance of warrants	38,985,020
Principal amount of debt | $	$ 100,000
Number of shares converted in to common stock	100,000
Minimum [Member]
Stockholders' Deficit (Textual)
Common stock, authorized				100,000,000
Maximum [Member]
Stockholders' Deficit (Textual)
Common stock, authorized				250,000,000
Vice President [Member]
Stockholders' Deficit (Textual)
Kind contribution of services | $		7,714	7,714
President [Member]
Stockholders' Deficit (Textual)
Kind contribution of services | $		$ 7,714	$ 7,714

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Operating lease assets - right of use	$ 7,021	$ 8,324
Lease Liability	7,021
Less: operating lease liability, current	5,547	5,411
Long term operating lease liability	$ 1,474	$ 2,913

Commitments and Contingencies_3

Commitments and Contingencies (Details 1) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Cash paid for operating lease liablities	$ 1,500	$ 1,500

Commitments and Contingencies_4

Commitments and Contingencies (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Aug. 12, 2019	Jul. 01, 2014
Commitments and Contingencies (Textual)
Lease liabilities	$ 7,021
Lease [Member]
Commitments and Contingencies (Textual)
Lease expense	1,500	$ 1,500
Operating Lease Agreement [Member]
Commitments and Contingencies (Textual)
Rent expense	$ 1,500	$ 1,500
Lessee leasing arrangements, operating leases, term of contract				5 years
Non-cancelable operating lease with a related party			$ 500	$ 500

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Feb. 13, 2020	Mar. 18, 2020	Dec. 31, 2019	Mar. 31, 2020	Mar. 31, 2019	Aug. 12, 2019	Oct. 16, 2014	Jul. 01, 2014
Related Party Transactions (Textual)
Note payable - related party			$ 362,104	$ 330,104
Kind contribution of services				7,714	$ 7,714
Debt Exchange Agreement [Member]
Related Party Transactions (Textual)
Unsecured promissory note due date		Dec. 31, 2020
Accrued Interest expense				2,647
Principal amount of debt owed		$ 100,000
Converted shares of common stock		100,000
Remaining principal balance owed		$ 44,979
Vice President [Member]
Related Party Transactions (Textual)
Kind contribution of services				7,714	7,714
President [Member]
Related Party Transactions (Textual)
Kind contribution of services				7,714	7,714
Officer [Member]
Related Party Transactions (Textual)
Officers paid an aggregate expenses				4,986
Balance due to officers				58,003
Unsecured Promissory Note [Member]
Related Party Transactions (Textual)
Note payable - related party							$ 2,000
Unsecured Promissory Note [Member] | Board of Directors Chairman [Member]
Related Party Transactions (Textual)
Note payable - related party	$ 20,000	$ 50,000	$ 10,000
Notes bearing interest rate	8.00%	8.00%	8.00%
Unsecured promissory note due date	Feb. 13, 2021	Mar. 31, 2021	Dec. 31, 2020
Accrued Interest expense			$ 201
Related party transaction, description	As of March 31, 2020, the Company accrued $142 in interest expense.	As of March 31, 2020, the Company accrued $208 in interest expense.	As of March 31, 2020, the Company accrued $201 in interest expense.
Unsecured Promissory Note [Member] | Related Party Note Holder [Member]
Related Party Transactions (Textual)
Note payable - related party			$ 144,979
Notes bearing interest rate			8.00%
Unsecured promissory note due date			Dec. 31, 2020
Unsecured Promissory Note One [Member] | Board of Directors Chairman [Member]
Related Party Transactions (Textual)
Note payable - related party			$ 175,000
Notes bearing interest rate			8.00%
Unsecured promissory note due date			Jun. 30, 2020
Accrued Interest expense			$ 3,523
Related party transaction, description			As of March 31, 2020, the Company accrued $3,523 in interest expense.
New Unsecured Promissory Note [Member] | Board of Directors Chairman [Member]
Related Party Transactions (Textual)
Note payable - related party			$ 30,126
Notes bearing interest rate			8.00%
Unsecured promissory note due date			Dec. 31, 2020
Accrued Interest expense				607
Lease Agreement [Member]
Related Party Transactions (Textual)
Non-cancelable operating lease with a related party								$ 500
Operating leases, rent expense, net, total				$ 1,500	$ 1,500
Lessee leasing arrangements, operating leases, term of contract								5 years
Accrued Interest expense						$ 500

Going Concern (Details)

Going Concern (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash in operations	$ (29,834)	$ (13,143)
Accumulated deficit	(891,611)		$ (806,920)
Net loss	$ (84,691)	$ (42,443)

Subsequent Event (Details)

Subsequent Event (Details) - Subsequent Event [Member] - USD ($)	May 01, 2020	Apr. 15, 2020	Apr. 30, 2020	Apr. 24, 2020
Unrelated Party [Member]
Subsequent Event (Textual)
Shares of common stock sold, value			$ 663,750
Shares of common stock sold, shares			663,750
Unrelated Party One [Member]
Subsequent Event (Textual)
Shares of common stock sold, value			$ 1,380,000
Shares of common stock sold, shares			1,380,000
Unrelated Party Two [Member]
Subsequent Event (Textual)
Shares of common stock sold, value			$ 456,250
Shares of common stock sold, shares			456,250
Officer [Member]
Subsequent Event (Textual)
Consulting agreement fee per month	$ 15,000
Related Party [Member]
Subsequent Event (Textual)
Consulting agreement fee per month	$ 25,000
Related Party Promissory Note [Member]
Subsequent Event (Textual)
Repaid related party promissory note				$ 50,000
Related Party Promissory Note One [Member]
Subsequent Event (Textual)
Repaid related party promissory note				20,000
Related Party Promissory Note Two [Member]
Subsequent Event (Textual)
Repaid related party promissory note				10,000
Related Party Promissory Note Three [Member]
Subsequent Event (Textual)
Repaid related party promissory note				175,000
Related Party Promissory Note Four[Member]
Subsequent Event (Textual)
Repaid related party promissory note				$ 30,126
Class A Warrants [Member]
Subsequent Event (Textual)
Warrants issued		38,985,020
Class B Warrants [Member]
Subsequent Event (Textual)
Warrants issued		38,985,020
Class C Warrants [Member]
Subsequent Event (Textual)
Warrants issued		38,985,020
Class D Warrants [Member]
Subsequent Event (Textual)
Warrants issued		38,985,020