Bread is Good

Bread is Good

Bakery

Bakery

Overview

Raised this Round: Raised: $100,000

Total Commitments ($USD)

Platform

Honeycomb

Start Date

06/29/2022

Close Date

08/15/2022

Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.50%

Term Length

5.0 years

Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Location

Atlanta, Georgia

Business Type

Growth

Bread is Good is raising funds on Honeycomb. The company provides a weekly bread subscription service to certain areas in Atlanta, Georgia. The business offers a menu of wholesale offerings to markets and restaurants and also conducts pop-up pastry and bread events in and around the city. The bread of Bread is Good is made using high-quality ingredients and fewer preservatives and supports local businesses. Sarah Dodge founded Bread is Good in February 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for kitchen equipment, rent, building update, smallware, furniture, employee wages, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$54,137

$0

COGS

$17,000

$0

Tax

$0

$0

 

 

Net Income

$17,793

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$3,025

$0

Accounts Receivable

$0

$0

Total Assets

$21,225

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 06/29/2022
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Bread is Good on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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