Mama Bevs Bakery
Bakery
Overview
Raised: $12,100
Total Commitments ($USD)
Platform
MainVest
Start Date
02/02/2023
Close Date
04/03/2023
Min. Goal
$123,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
0.80%
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
7
% of Min. Goal
10%
% of Max. Goal
10%
Likelihood of Max
Avg. Daily Raise
$228
# of Investors
15
Momentum
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Mama Bevs Bakery is raising funds on MainVest. It is a bakery in Hales Corners, Wisconsin, that makes delicious butter cake using its third-generation recipe. Mama Bevs Bakery is the first bakery to bring butter cake as an indulgent treat to the masses and is excited to take it to more people. The company is also committed to the local community and helps with addiction and mental health issues. Gary Plassmeyer and Andrew Baer founded Mama Bevs Bakery in February 2019. The current crowdfunding campaign has a minimum target of $123,000 and a maximum target of $124,000. The campaign proceeds will be used for increasing sales, adding more people to the team, baking more cakes, and expanding community work.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$426,062 |
$173,956 |
|
COGS |
$70,349 |
$64,678 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-418,770 |
$-312,964 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$5,607 |
$28,725 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$350,956 |
$82,448 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$582,000 |
$100,100 |
|
Total Liabilities |
$582,000 |
$100,100 |
Financials as of: 02/02/2023
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