Les Gourmands Bakery
Bakery
Overview
Raised: $0
Total Commitments ($USD)
Platform
MainVest
Start Date
08/24/2021
Close Date
10/29/2021
Min. Goal
$200,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
10/29/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Les Gourmands Bakery is raising funds on MainVest. The bakery is based in San Francisco, CA, and serves handmade French bakery products, including freshly made sandwiches and French viennoiseries. The bakery products are made using high-quality, locally sourced ingredients without any preservatives. Les Gourmands Bakery was voted the best bakery in San Francisco in 2018, 2019, and 2020. Sylvain Chaillout founded Les Gourmands Bakery in January 2017. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $250,000. The campaign proceeds will be used to acquire a new production facility and grow.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$670,000 |
$550,000 |
|
COGS |
$90,000 |
$75,000 |
|
Tax |
$35,000 |
$17,000 |
| ||
| ||
|
Net Income |
$120,000 |
$90,000 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$60,000 |
$220,000 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$945,000 |
$710,000 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 08/24/2021
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