Li’l Boite Patisserie
Patisserie
Overview
Raised: $10,500
Total Commitments ($USD)
Platform
Honeycomb
Start Date
05/23/2023
Close Date
07/07/2023
Min. Goal
$25,000
Max. Goal
$40,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
14.00%
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/03/2023
Days Remaining
34
% of Min. Goal
42%
% of Max. Goal
26%
Likelihood of Max
Avg. Daily Raise
$955
# of Investors
5
Momentum
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
CLEVELAND, Ohio
Li’l Boite Patisserie is raising funds on Honeycomb. It is a home-based bakery business in Cleveland Heights, Ohio, that makes delicious bakery products. The products of Li’l Boite Patisserie include French pastry, gateaux patisserie and confectionary, and viennoiserie. Li’l Boite Patisserie sells its products both individually and as pastry boxes that include a variety of tastes, textures, and culinary techniques. Sean Herman founded Li’l Boite Patisserie in October 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $40,000. The campaign proceeds will be used for bakery and confectionary equipment, debt consolidation, labor, and capital expenses.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$15,020 |
$7,941 |
|
COGS |
$4,731 |
$1,507 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-191 |
$2,220 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$734 |
$11,727 |
|
Accounts Receivable |
$0 |
$180 |
|
Total Assets |
$2,876 |
$12,574 |
|
Short-Term Debt |
$1,565 |
$0 |
|
Long-Term Debt |
$15,020 |
$7,941 |
|
Total Liabilities |
$16,585 |
$7,941 |
Financials as of: 05/23/2023
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