Lovebird Donuts

Early Stage

Bakery

Analytics

Raised to Date: Raised: $100,000

Aggregate Commitments $

Platform

MainVest

Start Date

06/07/2021

Close Date

07/09/2021

Min. Goal

$50,000

Max. Goal

$100,000

Min. Investment

$100

Security Type

Revenue Share Note

Funding Type

RegCF

Series

Seed

Rolling Commitments $

Status
Funded
Reporting Date

07/31/2021

Days Remaining
Funded
% of Min. Goal

200%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$3,125

Momentum
Funded
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Location

Portsmouth, New Hampshire

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

Lovebird Donuts, an upcoming bakery in Portsmouth, NH, is raising funds on MainVest. The business already has a location at Kittery, Maine, and is looking to open its second location. The bakery makes delicious donuts from scratch using simple, high-quality, and 100% plant-based ingredients. Tamara Monroe and Ryan MacDougall founded Lovebird Donuts in April 2021. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $100,000, will be used to open the second shop. Lovebird Donuts bakes vegan donuts and has a large customer base at its current location. The business is focused on exceptional guest experience and has wholesale accounts from Rye, NH, to Portland, ME.

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: 06/07/2021
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