Brown Bear Bread Cafe
Bakery
Overview
Raised: $30,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
03/11/2024
Close Date
04/10/2024
Min. Goal
$25,000
Max. Goal
$30,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
12.50%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/27/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,034
# of Investors
54
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2024
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Brown Bear Bread Cafe is raising funds on Honeycomb. It is an artisan bakery and cafe in Pittsburgh, Pennsylvania, renowned for its handmade bread. Brown Bear Bread Cafe crafts a diverse variety of bread and pastries and aims to expand its product reach to various corners of the Pittsburgh area. The business has a loyal customer base and has been featured in the Tribune Review, Talk Pittsburgh, and various podcasts, publications, and media features. Kate Clemons founded Brown Bear Bread Cafe in February 2024. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $30,000. The campaign proceeds will be used to purchase a bread oven, a dough divider, a three bay sink, a walk-in cooler, and a convection oven.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$61,205 |
$2,336 |
|
COGS |
$13,342 |
$1,423 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$3,529 |
$801 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$600 |
$848 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$10,600 |
$848 |
|
Short-Term Debt |
$0 |
$72 |
|
Long-Term Debt |
$19,000 |
$0 |
|
Total Liabilities |
$19,000 |
$72 |
Financials as of: 03/11/2024
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.