Dolce Brooklyn

Dolce Brooklyn

Gelato

Gelato

Overview

Raised this Round: Raised: $107,900

Total Commitments ($USD)

Platform

MainVest

Start Date

01/09/2023

Close Date

04/07/2023

Min. Goal
$100,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.40X

Rev. Share %

2.25%

Year Founded

2016

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Brooklyn, New York

Business Type

Life Style

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

FY 2021 FY 2020

Revenue

$375,222

$183,845

COGS

$140,449

$68,128

Tax

$0

$0

 

 

Net Income

$-33,303

$-16,593

Summary Balance Sheet

FY 2021 FY 2020

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: 01/09/2023
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Dolce Brooklyn on MainVest 2023
Platform: MainVest
Security Type: Revenue Share

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