Diamond Bakery

Early Stage

Bakery

Analytics

Raised to Date: Raised: $5,450

Aggregate Commitments $

Platform

Honeycomb

Start Date

06/02/2022

Close Date

07/18/2022

Min. Goal

$70,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Series

Seed

Price Per Share

$0.00

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

23

% of Min. Goal

8%

% of Max. Goal

2%

Likelihood of Max
unlikely
Avg. Daily Raise

$237

Momentum
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Location

Los Angeles, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Business Type

Life Style

Diamond Bakery is raising funds on Honeycomb. It is a traditional American Jewish bakery in Los Angeles, California. The bakery makes rye bread, babka, rugelach, and mandelbrodt and sells them to its old and loyal customers. The products are baked daily using high-quality ingredients and are also supplied to some of the best deli restaurants in Los Angeles. Diamond Bakery was founded in 1946 but bought by Douglas Weinstein in 2021. The current crowdfunding campaign has a minimum target of $70,000 and a maximum target of $250,000. The campaign proceeds will be used for equipment, delivery vans, signage, refrigeration, POS software system, and debt refinancing.
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Diamond Bakery on Honeycomb 2022
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Platform: Honeycomb
Security Type: Debt

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