Chewy’s Bagels

Chewy’s Bagels

Closed: Feb. 2022

About this raise

Chewy’s Bagels is raising funds on MainVest. It is an upcoming bakery in Richmond, VA, that will offer a variety of traditionally made and hand rolled sourdough bagels. The business has a wholesale program of selling bagels to coffee shops and local grocers and aims to sell delicious breakfast and lunch sandwiches in its brick-and-mortar location. Ashley Cricchio founded Chewy’s Bagels in August 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $35,000. The campaign proceeds will be used for pace buildout, equipment, and working capital.

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Investment Overview

Invested this round: $35,000

Deal Terms

Total Commitments

Platform
MainVest
Start Date
12/23/2021
Close Date
02/11/2022
Min. Goal
$25,000
Max Goal
$35,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
Richmond, Virginia
Company Website
Visit Website

Team

Employees
4

Financials

 Revenue
$0
 Cash on Hand
$1,200
Gross Margin
50%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$18,860

$2,589

COGS

$9,400

$1,606

Tax

$0

$0

 

 

Net Income

$1,359

$-887

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,200

$0

Accounts Receivable

$900

$0

Total Assets

$950

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/11/2022 MainVest - $35,000 Revenue Share Funded RegCF
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Chewy’s Bagels on MainVest 2021
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Chewy’s Bagels may no longer be accepting investments.

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