Lovebird Donuts
Bakery
Overview
Raised: $100,000
Total Commitments ($USD)
Platform
MainVest
Start Date
06/06/2021
Close Date
07/09/2021
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.40X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$3,125
# of Investors
71
Momentum
Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
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: 06/06/2021
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