Dolce Brooklyn
Gelato
Overview
Raised: $45,500
Total Commitments ($USD)
Platform
MainVest
Start Date
01/10/2023
Close Date
04/07/2023
Min. Goal
$100,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Funding Type
RegCF
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/02/2023
Days Remaining
64
% of Min. Goal
46%
% of Max. Goal
37%
Likelihood of Max
Avg. Daily Raise
$1,978
# of Investors
35
Momentum
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Location
Brooklyn, New York
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Dolce Brooklyn is raising funds on MainVest. It is a gelato company based in Brooklyn, New York. The company makes its gelato using all-natural and award-winning milk from the Hudson Valley and other fine-quality ingredients. The variety of gelato flavors changes seasonally and is made using fresh fruits and vegetables and fine European chocolates. Dolce Brooklyn sells through its retail location, online, and wholesale, and has also partnered with local chefs, luxury hotels, and private clubs. Pierre Alexandre and Kristina Frantz founded Dolce Brooklyn in January 2016. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $124,000. The campaign proceeds will be used for purchasing a refrigerator truck, equipment, additional inventory, and working capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$375,222 |
$183,845 |
|
COGS |
$140,449 |
$68,128 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-33,303 |
$-16,593 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$124,110 |
$10,420 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$187,298 |
$74,518 |
|
Short-Term Debt |
$26,000 |
$37,207 |
|
Long-Term Debt |
$185,202 |
$218,763 |
|
Total Liabilities |
$211,202 |
$255,970 |
Financials as of: 01/10/2023
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