Little Red Hen: Scratch Bakery + Kitchen
Bakery
Overview
Raised: $124,000
Total Commitments ($USD)
Platform
MainVest
Start Date
09/28/2022
Close Date
12/02/2022
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Payment Schedule
Quarterly
Funding Type
RegCF
Return Multiple
1.50X
Rev. Share %
1.75%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/31/2022
Days Remaining
Funded
% of Min. Goal
248%
% of Max. Goal
100%
Likelihood of Max
Funded
Avg. Daily Raise
$1,908
# of Investors
126
Momentum
Funded
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Location
Salida, Colorado
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Little Red Hen: Scratch Bakery + Kitchen is raising funds on MainVest. The business functions as a retail bakery specializing in fresh bakes made from scratch. Little Red Hen is planning to expand its bakery to include a quick-service cafe and grab-and-go market offering wholesale bakery, retail bakery, dinner service, event catering, and farmers’ markets. The business will serve scratch-made bread and baked goods made from organic and locally-sourced ingredients and function as a community hub. Emily Walker, Nathan Yanko, and Devon Yanko founded Little Red Hen: Scratch Bakery + Kitchen in August 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used to expand into the new location in Salida, Colorado.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 09/28/2022
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