Lima Bakery

Lima Bakery

Closed: Jul. 2024

About this raise

Lima Bakery is raising funds on Honeycomb. It is a Peruvian bakery in Doral, Florida, delivering the authentic taste of Peru to the local community. Lima Bakery showcases and serves traditional Peruvian pastries, freshly brewed coffee, savory empanadas, and sandwiches made using high-quality ingredients and a lot of care and passion. The bakery offers a memorable experience to both locals and visitors and is a must-visit destination for those looking for traditional Peruvian taste. Eduardo Oran and Elena Burga founded Lima Bakery in June 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for equipment, retail space construction, and working capital.

Expand

Investment Overview

Not Funded: $4,550

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
06/18/2024
Close Date
07/17/2024
Min. Goal
$50,000
Max Goal
$100,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.50%

Term Length

3.0 years

Company & Team

Company

Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Doral, Florida
Business Type
Life Style
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Eduardo Oran
Title
Owner
Founder Name
Elena Burga
Title
Owner

Financials

as of Fiscal Year 2023
 Revenue +24% YoY
$22,749
 Monthly Burn
$7,398
 Runway
14.6 months
Gross Margin
26%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$22,749

$18,379

COGS

$16,835

$10,827

Tax

$0

$0

 

 

Net Income

$-88,770

$-4,439

Summary Balance Sheet

FY 2023 FY 2022

Cash

$107,725

$373,624

Accounts Receivable

$0

$0

Total Assets

$466,198

$487,161

Short-Term Debt

$106,870

$0

Long-Term Debt

$0

$0

Total Liabilities

$106,870

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/17/2024 Honeycomb - $4,550 Debt Not Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Lima Bakery on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

Follow company

Follow Lima Bakery on Honeycomb 2024

Buy Lima Bakery's Deal Report

Warning: according to the close date for this deal, Lima Bakery may no longer be accepting investments.

Lima Bakery Deal Report

Get Kingscrowd's comprehensive report on Lima Bakery including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Lima Bakery is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Lima Bakery deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge