Momma Mondragon's Macarons

Momma Mondragon's Macarons

Bakery

Bakery

Overview

Raised to Date: Raised: $1,450

Total Commitments ($USD)

Platform

Honeycomb

Start Date

04/05/2023

Close Date

05/08/2023

Min. Goal
$25,000
Max. Goal
$75,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.00%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

05/08/2023

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$45

# of Investors

4

Momentum
Not Funded
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Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Location

MENIFEE, California

Momma Mondragon’s Macarons is raising funds on Honeycomb. It is a bakery in Menifee, California, that specializes in macarons. The business offers more than 70 flavors of macarons, including vanilla and strawberry, maple bacon donut and watermelon, wild lime jalapeño poppers, and BBQ. Momma Mondragon’s Macarons also offers other delicacies like bagels, danishes, croissants, cream puffs, and cruffins. The business also sells at farmers’ markets, fairs, and food events and has been voted Best Desserts in the Inland Empire. Stephanie Mondragon founded Momma Mondragon’s Macarons in September 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for construction, hiring, ingredient costs, and purchasing a three-compartment sink, a fridge, and a freezer.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$46,073

$18,770

COGS

$3,378

$163

Tax

$0

$0

 

 

Net Income

$-1,858

$8,655

Summary Balance Sheet

FY 2022 FY 2021

Cash

$126,416

$7,279

Accounts Receivable

$0

$0

Total Assets

$142,007

$20,082

Short-Term Debt

$8,659

$9,809

Long-Term Debt

$124,910

$0

Total Liabilities

$133,569

$9,809

Financials as of: 04/05/2023
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Momma Mondragon’s Macarons on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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