Les Gourmands Bakery

Bakery

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

MainVest

Start Date

08/25/2021

Close Date

10/29/2021

Min. Goal

$200,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

10/30/2021

Days Remaining
Not Funded
% of Min. Goal

0%

% of Max. Goal

0%

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

Location

San Francisco, California

Business Type

Life Style

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: 08/25/2021
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Les Gourmands Bakery on MainVest 2021
Platform: MainVest
Security Type: Revenue Share

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