5 Generation Bakers (2024)
About this raise
5 Generation Bakers is raising funds on Honeycomb. It is a bakery in McKees Rocks, Pennsylvania, known for its Jenny Lee Swirl Bread. 5 Generation Bakers has a loyal customer base for 14 years and plans to venture into new product lines, including sandwiches, French toasts, cookies, bars, cakes, whoopie pies, and school breakfast programs. The business has earned awards as the fastest-growing company in Pittsburgh and was awarded America’s Best Raisin Bread by the California Raisin Marketing Board. Scott Baker founded 5 Generation Bakers in June 2009. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $207,000. The campaign proceeds will be used for purchasing more signature crimp pans, production department improvements, purchasing jacketed icing melter equipment, and working capital.
Investment Overview
Invested : $202,792
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 03/04/2025
- Close Date
- 07/29/2024
$100,000
$207,000
$100
Debt
Series A
RegCF
10.50%
3.0 years
Company & Team
Company
- Year Founded
- 2009
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +37% YoY
- $5,132,906
- Monthly Burn
- Profitable
- Cash on Hand
- $89,235
- Gross Margin
- 34%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No