Loba Pastry + Coffee

Early Stage

Bakery

Analytics

Raised to Date: Raised: $34,600

Aggregate Commitments $

Platform

Honeycomb

Start Date

07/25/2022

Close Date

09/12/2022

Min. Goal

$25,000

Max. Goal

$50,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $

Status

Active

Reporting Date

08/17/2022

Days Remaining

26

% of Min. Goal

138%

% of Max. Goal

69%

Likelihood of Max
extremely
Avg. Daily Raise

$1,504

Momentum
warm.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Chicago, Illinois

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Life Style

Loba Pastry + Coffee is raising funds on Honeycomb. It is a small-batch artisanal-grade bakery in Chicago, Illinois. The bakery serves an untraditional and ever-changing variety of pastries, breads, and drinks. Loba Pastry + Coffee uses high-quality ingredients sourced locally and ethically and caters to most dietary restrictions. The bakery has a loyal customer base and has been featured in many “Best of Chicago” lists, including the ones in TimeOut Chicago, Chicago Magazine, and Bon Apetite Magazine. Valeria Taylor founded Loba Pastry + Coffee in January 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for plumbing work, carpentry and furniture, oven installation, electrical work, and staffing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$297,438

$173,517

COGS

$24,405

$34,557

Tax

$0

$0

 

 

Net Income

$61,401

$-9,908

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$55,633

$27,587

Accounts Receivable

$0

$0

Total Assets

$70,524

$31,587

Short-Term Debt

$28,222

$9,641

Long-Term Debt

$40,400

$50,400

Total Liabilities

$68,622

$60,041

Financials as of: 07/25/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Loba Pastry + Coffee on Honeycomb 2022
$
Platform: Honeycomb
Security Type: Debt

Follow company

Follow Loba Pastry + Coffee on Honeycomb 2022
View on Honeycomb
Bullish / Bearish
You're Bullish on Loba Pastry + Coffee on Honeycomb 2022

Thank you for your vote on Loba Pastry + Coffee on Honeycomb 2022

Bullish / Bearish
You're Bearish on Loba Pastry + Coffee on Honeycomb 2022

Thank you for your vote on Loba Pastry + Coffee on Honeycomb 2022