Brady’s Bakery

Brady’s Bakery

[Closed for Investment] Brady’s Bakery is raising funds on MainVest. It is a baked-to-order boutique-style bakery in Los Angeles, California. The bakery makes plus-sized, soft-baked cookies that are hand rolled and individually weighed at four ounces. The cookie flavors of Brady’s Bakery include chocolate chip and walnut, red velvet and white chocolate chip, oatmeal and cranberry, maple and bacon, cinnamon cream cheese, and chocolate chip stuffed with marshmallow and ganache. Reece Scelfo founded Brady’s Bakery in January 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $120,000. The campaign proceeds will be used to expand operations, open new outposts, and upgrade equipment and packaging.

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Investment Overview

Raised this Round: Raised: $92,700

Deal Terms

Total Commitments ($USD)

Platform
MainVest
Start Date
08/26/2022
Close Date
10/07/2022
Min. Goal
$50,000
Max. Goal
$120,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Profit Share %

1.50%

Company & Team

Company

Year Founded
2016
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Glendale, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
10
Prior Founder Exits?
No
Founder Name
Reece Scelfo
Title
Owner

Financials

 Revenue
$671,696
 Monthly Burn
Profitable
 Cash on Hand
$10,721
Gross Margin
78%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$671,696

$0

COGS

$145,381

$0

Tax

$24,324

$0

 

 

Net Income

$43,479

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$10,721

$0

Accounts Receivable

$0

$0

Total Assets

$36,977

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/07/2022 MainVest - $92,700 Revenue Share Funded RegCF
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Brady’s Bakery on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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