Butter & Crumble
Retail Bakery
Overview
Raised: $75,000
Total Commitments ($USD)
Platform
SMBX
Start Date
06/29/2023
Close Date
08/08/2023
Min. Goal
$20,000
Max. Goal
$75,000
Min. Investment
$10
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
10.50%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,923
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2023
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
SAN FRANCISCO, California
Butter & Crumble is raising funds on SMBX. It is a retail bakery in San Francisco, California, and makes flaky pastries and decadent cakes. The bakery uses French techniques to create inventive flavors and offers baking classes and wholesale. Butter & Crumble’s menu includes croissants and a variety of cakes and pastries. Sophie Smith founded Butter & Crumble in April 2023. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $75,000. The campaign proceeds will be used to build the first brick-and-mortar location of the bakery.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$146,410 |
$183,076 |
|
COGS |
$33,421 |
$47,735 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$29,635 |
$53,662 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$1,171 |
$18,883 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$7,612 |
$18,883 |
|
Short-Term Debt |
$683 |
$-3,521 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$683 |
$-3,521 |
Financials as of: 06/29/2023
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.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.