Midwest Sad

Midwest Sad

Bakery

Bakery

Overview

Raised this Round: Raised: $25,601

Total Commitments ($USD)

Platform

Honeycomb

Start Date

06/25/2024

Close Date

07/25/2024

Min. Goal
$25,000
Max. Goal
$40,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.50%

Term Length

3.0 years

Year Founded

2024

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Milwaukee, Wisconsin

Business Type

Life Style

Midwest Sad is raising funds on Honeycomb. It is a bakery in Milwaukee, Wisconsin that offers an array of sweets and snacks. Midwest Sad is focused on high-quality ingredients, ethical practices, local sourcing, and community engagement and works through strategic collaborations and local events. The bakery is known for its innovative and ever-changing menu and caters to people with diverse dietary preferences. Samantha Sandrin founded Midwest Sad in January 2024. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $40,000. The campaign proceeds will be used for advertising, wages, permits and fees, working capital, inventory, sustainable packaging, payroll and accounting, and coolers and freezers.

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: 06/25/2024
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Midwest Sad on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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