This company is no longer in business. Investors can get details about any potential exits or failures here.
Cocoa & Butter
Bakery and patisserie cafe
Overview
Raised: $65,750
Total Commitments ($USD)
Platform
MainVest
Start Date
03/30/2021
Close Date
05/14/2021
Min. Goal
$35,000
Max. Goal
$85,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,494
# of Investors
48
Momentum
Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Cocoa & Butter, an upcoming bakery and patisserie cafe in Palo Alto, CA, is raising crowdfunding on MainVest. It will be a European-style cafe focused on the art of baked goods, including chocolates, French pastries, macarons, and cakes. The cafe will also offer artisan bread, soups, salads, and sandwiches. Fouzia Rafae founded Cocoa & Butter in February 2021. The proceeds of the current crowdfunding campaign, with a minimum goal of $35,000 and a maximum goal of $85,000, will be used towards initial working capital and kitchen equipment to open the first brick and mortar location. Cocoa & Butter will also offer catering services for weddings, baby showers, birthdays, and other special occasions.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 03/30/2021
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