IZOLA

Early Stage

Croissants | Wild Sourdough

Analytics

Raised to Date: Raised: $58,500

Aggregate Commitments $

Platform

MainVest

Start Date

05/05/2022

Close Date

06/24/2022

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Revenue Share

Funding Type

RegCF

Rolling Commitments $

Status

Active

Reporting Date

05/21/2022

Days Remaining

34

% of Min. Goal

117%

% of Max. Goal

23%

Likelihood of Max
unlikely
Avg. Daily Raise

$3,656

Momentum
cool.svg
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Location

San Diego, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

IZOLA is raising funds on MainVest. It is a top bakery in San Diego that makes croissants and warm sourdough. The business is reinventing the American bakery with its superior products, elevated hospitality, and warm hot-from-the-oven offerings. The products are made using high-quality ingredients and served hot all day. IZOLA has generated a 384% year-over-year growth and has reached profitability in less than two years. Jeffrey Brown and Jennifer Chen founded IZOLA in January 2005. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for the buildout of the hybrid production and cafe space.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$92,917

$52,336

Tax

$8,678

$3,432

 

 

Net Income

$-58,980

$12,704

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$52,949

$32,977

Accounts Receivable

$0

$0

Total Assets

$81,017

$50,864

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 05/05/2022
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IZOLA on MainVest 2022
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Security Type: Revenue Share

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