Mauki’s Bakery & Country Store
Bakery
Overview
Raised: $5,350
Total Commitments ($USD)
Platform
Honeycomb
Start Date
02/13/2024
Close Date
03/14/2024
Min. Goal
$35,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
11.25%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/14/2024
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$184
# of Investors
8
Momentum
Not Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Mauki’s Bakery & Country Store is raising funds on Honeycomb. It is a bakery in St. Louis, Missouri, known for its diverse culinary offerings. Mauki’s Bakery & Country Store is a top-notch breakfast spot that serves baked goods, hot sauce, jams, jellies, homemade salsa, and other meals. The business started at farmers’ markets and has now grown to a brick-and-mortar location, with revenue growth from $225,653 in 2022 to $264,703 in 2023. Angela Swyers founded Mauki’s Bakery & Country Store in September 2019. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $75,000. The campaign proceeds will be used for commercial canning equipment, refinancing high-interest debt, product marketing, and working capital.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$264,703 |
$225,653 |
|
COGS |
$111,410 |
$87,749 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$24,049 |
$13,499 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$5,772 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$22,859 |
$17,087 |
|
Short-Term Debt |
$25,416 |
$18,173 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$25,416 |
$18,173 |
Financials as of: 02/13/2024
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