Little Red Hen: Scratch Bakery + Kitchen

Bakery

Overview

Raised to Date: 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

Business Type

Life Style

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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Little Red Hen: Scratch Bakery + Kitchen on MainVest 2022
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Platform: MainVest
Security Type: Revenue Share

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