GK Pastry

GK Pastry

[Closed for Investment] GK Pastry is raising funds on SMBX. It is a bakery in Mountain View, California, known for its handcrafted baked goods. GK Pastry uses natural and high-quality ingredients to create its signature sourdough bread, focaccias, and pastries and offers a wide variety of sweet and savory options. The business has a loyal customer base at its two current locations and plans to expand further. Gulnoza Khaytenova, Khayrulla Musabaev, Khasan Musabaev, and Osman Musabaev founded GK Pastry in February 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $50,000. The campaign proceeds will be used to open a third location in Los Altos, California.

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Investment Overview

Raised this Round: Raised: $70,150

Deal Terms

Total Commitments ($USD)

Platform
SMBX
Start Date
10/21/2024
Close Date
11/26/2024
Min. Goal
$10,000
Max. Goal
$50,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

3.0 years

Company & Team

Company

Year Founded
2023
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Palo Alto, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Gulnoza Khaytenova
Title
CEO
Founder Name
Khasan Musabaev
Founder Name
Khayrulla Musabaev
Title
CFO
Founder Name
Osman Musabaev
Title
Production Manager

Financials

as of Fiscal Year 2023
 Revenue
$150,702
 Monthly Burn
$5,129
 Runway
0.4 months
Gross Margin
54%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$150,702

$0

COGS

$69,904

$0

Tax

$0

$0

 

 

Net Income

$-61,551

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,961

$0

Accounts Receivable

$0

$0

Total Assets

$104,047

$0

Short-Term Debt

$23,378

$0

Long-Term Debt

$111,710

$0

Total Liabilities

$135,088

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/26/2024 SMBX - $70,150 Debt Funded RegCF
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GK Pastry on SMBX 2024
Platform: SMBX
Security Type: Debt

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