Lil Boite Patisserie

Lil Boite Patisserie

[Closed for Investment] 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.

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Investment Overview

Raised this Round: Raised: $28,500

Deal Terms

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    Open SEC Filing

Interest Rate

14.00%

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
CLEVELAND, Ohio
Company Website
Visit Website

Team

Employees
1

Financials

as of Fiscal Year 2022
 Revenue
$0
 Monthly Burn
$16
 Runway
24+ months
Gross Margin
69%

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/07/2023 Honeycomb - $28,500 Debt Funded RegCF
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Li’l Boite Patisserie on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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