Overview
Raised: $21,000
Total Commitments ($USD)
Platform
MainVest
Start Date
09/27/2020
Close Date
05/04/2021
Min. Goal
$10,000
Max. Goal
$40,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rolling Commitments ($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
$96
# of Investors
45
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Coquette, a bakery in Santa Fe, NM, is raising crowdfunding on MainVest. The bakery makes high-quality baked goods, including wedding cakes, mason jar layer cakes, rosettes, and a wide variety of other pastries. It has a loyal customer base in Santa Fe and fills a niche in the area. Caitlin Olsen founded Coquette in September 2020. The proceeds of the current crowdfunding campaign, with a minimum target of $10,000 and a maximum target of $40,000, will be used for equipment, labels and packaging material, licenses and insurance, and marketing. Coquette is led by an experienced founder and has a competitive advantage in the area. The bakery plans to pursue a multi-pronged distribution strategy through Whole Foods, Chomp Food Hall, and online distribution.
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: 09/27/2020
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