Chewy’s Bagels
Bakery
Overview
Raised: $35,000
Total Commitments ($USD)
Platform
MainVest
Start Date
12/22/2021
Close Date
02/11/2022
Min. Goal
$25,000
Max. Goal
$35,000
Min. Investment
$100
Security Type
Revenue Share
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/27/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$700
# of Investors
48
Momentum
Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
Richmond, Virginia
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.
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 |
Financials as of: 12/22/2021
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