Lei'd Cookies
Cookies
Overview
Raised: $6,950
Total Commitments ($USD)
Platform
Honeycomb
Start Date
05/24/2023
Close Date
07/07/2023
Min. Goal
$60,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
12.50%
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/03/2023
Days Remaining
34
% of Min. Goal
12%
% of Max. Goal
6%
Likelihood of Max
Avg. Daily Raise
$695
# of Investors
6
Momentum
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
CULVER CITY, California
Lei’d Cookies is raising funds on Honeycomb. The company makes delicious and high-quality cookies inspired by childhood classics and desserts from around the globe. The business makes a variety of cookies and sells them direct-to-consume through events and through wholesale, catering, and online shipping. Rachel Terris founded Lei’d Cookies in January 2021. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for the down payment for a brick-and-mortar location, payroll, a rotating oven, buildout, runway, and working capital.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$66,901 |
$98,913 |
|
COGS |
$14,317 |
$25,102 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$23,400 |
$57,752 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$10,000 |
$5,526 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$72,650 |
$68,176 |
|
Short-Term Debt |
$4,000 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$4,000 |
$0 |
Financials as of: 05/24/2023
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