Legacy Pie Co.

Bakery

Overview

Raised to Date: Raised: $124,000

Total Commitments ($USD)

Platform

MainVest

Start Date

11/02/2022

Close Date

01/20/2023

Min. Goal

$20,000

Max. Goal

$124,000

Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/31/2023

Days Remaining
Funded
% of Min. Goal

620%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$1,570

# of Investors

170

Momentum
Funded
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Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Denver, Colorado

Business Type

Life Style

Legacy Pie Co. is raising funds on MainVest. It is a bakery in Denver, Colorado that makes sweet and savory pies. The business makes hot and fresh pies using honest and high-quality ingredients, including butter, local fruits and vegetables, clean meats, cheeses, and eggs. Legacy Pie Co. is also focused on sustainable solutions like in-store composting and recyclable packaging and offers people-first hospitality. Elias Lehnert and Rachel Lehnert founded Legacy Pie Co. in May 2020. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $124,000. The campaign proceeds will be used to upgrade and expand the bakery with equipment and buildout.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$782,501

$40,019

COGS

$272,370

$3,439

Tax

$0

$0

 

 

Net Income

$34,682

$-81,357

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$251,013

$34,041

Accounts Receivable

$0

$0

Total Assets

$252,988

$53,469

Short-Term Debt

$9,604

$945

Long-Term Debt

$257,917

$129,544

Total Liabilities

$267,521

$130,489

Financials as of: 11/02/2022
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Legacy Pie Co. on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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