Carina's Bakery

Carina's Bakery

Bakery

Bakery

Overview

Raised this Round: Raised: $34,261

Total Commitments ($USD)

Platform

Honeycomb

Start Date

08/29/2024

Close Date

09/30/2024

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

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.00%

Term Length

3.0 years

Year Founded

2015

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Beaverton, Oregon

Business Type

Life Style

Carina’s Bakery is raising funds on Honeycomb. It is a bakery in Beaverton, Oregon that uses Scandinavian traditions and Oregon techniques to create its baked goods. Carina’s Bakery’s offerings are vegan, soy-free, and mostly gluten-free, and are made by employees 90% of whom have some kind of disability. The business has a loyal customer base and has won several awards, including the Best Bakery in Beaverton in 2022 and 2023. Carina Comer founded Carina’s Bakery in April 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used to hire a store manager, acquire equipment, and build a new production and retail space.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$305,209

$271,384

COGS

$69,252

$76,374

Tax

$0

$0

 

 

Net Income

$3,995

$-25,102

Summary Balance Sheet

FY 2023 FY 2022

Cash

$27,238

$11,125

Accounts Receivable

$1,200

$841

Total Assets

$60,171

$58,456

Short-Term Debt

$8,222

$4,763

Long-Term Debt

$225

$2,114

Total Liabilities

$8,447

$6,877

Financials as of: 08/29/2024
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Carina's Bakery 09/30/2024 Honeycomb - $34,261 Debt Active RegCF

No prior online funding rounds.

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Carina’s Bakery on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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