Hot Oven Cookies

Early Stage

BAKERY

Analytics

Raised to Date: Raised: $14,300

Aggregate Commitments $

Platform

MainVest

Start Date

05/05/2021

Close Date

06/25/2021

Min. Goal

$15,000

Max. Goal

$30,000

Min. Investment

$100

Security Type

Revenue Share Note

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $

Status
Funded
Reporting Date

06/30/2021

Days Remaining
Funded
% of Min. Goal

95%

% of Max. Goal

48%

Likelihood of Max
Funded
Avg. Daily Raise

$280

Momentum
Funded
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Location

Springfield, Massachusetts

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Life Style

Hot Oven Cookies, a bakery in Springfield, MA, is raising crowdfunding on MainVest. The business makes high-quality and homemade cookies in over 500 flavors on a rotational menu. The bakery also offers take and bake cookie dough, cookie sundae, cookie sammies, drinks, merchandise, and catering services. Sheila Coon founded Hot Oven Cookies in April 2019. The current round of crowdfunding has a minimum goal of $15,000 and a maximum goal of $30,000, and the funds will be used to buy additional ovens and maintenance. Hot Oven Cookies has proven demand for its cookies and has a flourishing business model. The business now operates one cookie cart and two storefronts in Springfield.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$105,164

$0

COGS

$35,199

$0

Tax

$0

$0

 

 

Net Income

$40,121

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,000

$0

Accounts Receivable

$0

$0

Total Assets

$12,737

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 05/05/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Hot Oven Cookies 06/25/2021 MainVest $0 $14,300 Revenue Share Note Funded RegCF
Hot Oven Cookies 05/20/2020 MainVest $0 $14,200 Revenue Share Note Funded RegCF
Hot Oven Cookies 02/27/2020 MainVest $0 $0 Revenue Share Note Not Funded RegCF
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Hot Oven Cookies on MainVest
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Platform: MainVest
Security Type: Revenue Share Note
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