Bread and Breakfast

Bread and Breakfast

[Closed for Investment] Bread and Breakfast is raising funds on Honeycomb. It is a breakfast place in Burbank, California, known for its American, Mexican, and Armenian flavors. Bread and Breakfast delivers fresh and bold flavors in its tacos, bowls, burritos, and specialty coffees and has become the go-to place for people to start their day. The business has been voted by its fans for the LA Times 2022 Best of the Southland for breakfast restaurants and has received mentions in articles from the Los Angeles Times, Infatuation LA, and Eater LA. Artak Andreasyan and Albert Malkhasian founded Bread and Breakfast in August 2020. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $75,000. The campaign proceeds will be used for equipment, rent, payroll, AC unit replacement, and marketing.

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Investment Overview

Raised this Round: Raised: $2,700

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
09/26/2024
Close Date
10/30/2024
Min. Goal
$40,000
Max. Goal
$75,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.75%

Term Length

3.0 years

Company & Team

Company

Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Suite H, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Albert Malkhasian
Title
Co-Owner
Founder Name
Artak Andreasyan
Title
Co-Owner

Financials

as of Fiscal Year 2023
 Revenue +57% YoY
$821,916
 Monthly Burn
$3,758
 Runway
5.2 months
Gross Margin
41%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$821,916

$524,770

COGS

$483,182

$304,163

Tax

$0

$0

 

 

Net Income

$-45,096

$39,834

Summary Balance Sheet

FY 2023 FY 2022

Cash

$19,675

$47,567

Accounts Receivable

$0

$0

Total Assets

$66,144

$47,567

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
Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Bread And Breakfast 11/08/2024 Honeycomb - $0 Debt Not Funded RegCF
Bread and Breakfast 10/30/2024 Honeycomb - $2,700 Debt Not Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Bread and Breakfast on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, Bread and Breakfast may no longer be accepting investments.

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