Cake-A-Boo

Cake-A-Boo

Cake-A-Boo is raising funds on Honeycomb. It is a bakery in Kansas City, Missouri, known for its special cakes and baked goods. Cake-A-Boo is focused on quality and personalised service and builds strong relationships with its customers. The bakery has made more than 10,000 cakes over the years, including a Coor’s Light-themed cake for 3X Super Bowl Champion Patrick Mahomes and other cakes for the Kansas City Chiefs organization. Jaresha Rhone founded Cake-A-Boo in April 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $30,000. The campaign proceeds will be used for wrapping a food trailer, refinancing high-interest debt, inventory, production equipment, rent, and employee payroll.

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Investment Overview

Raised this Round: Raised: $10,761

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
11/12/2024
Close Date
12/12/2024
Min. Goal
$25,000
Max. Goal
$30,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.25%

Term Length

3.0 years

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Kansas City, Missouri
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Jaresha Rhone
Title
Owner

Financials

as of Fiscal Year 2023
 Revenue +17% YoY
$68,652
 Monthly Burn
$291
 Runway
5.7 months
Gross Margin
65%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$68,652

$58,511

COGS

$24,183

$9,460

Tax

$0

$0

 

 

Net Income

$-3,493

$-16,822

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,649

$5,001

Accounts Receivable

$0

$0

Total Assets

$4,295

$7,292

Short-Term Debt

$15,438

$13,427

Long-Term Debt

$24,000

$20,676

Total Liabilities

$39,438

$34,103

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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
12/12/2024 Honeycomb - $10,761 Debt Active RegCF
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Cake-A-Boo on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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