Overview
Raised: $39,250
Total Commitments ($USD)
Platform
Honeycomb
Start Date
03/21/2022
Close Date
05/10/2022
Min. Goal
$25,000
Max. Goal
$158,150
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$801
# of Investors
34
Momentum
Funded
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Year Founded
2009
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Noble Pies is raising funds on Honeycomb. The pie bakery and farm in New York makes award-winning sweet and savory pies fresh every day. The pies are made using fresh, highest-quality, and locally sourced ingredients. Noble Pies is a locally-grown business with a loyal customer base. The flavorful pies of Noble Pies are loved by customers ranging from toddlers to octogenarians. The business has been doing well and has grown its year-over-year revenue by 110%. Leslie and Tom Noble founded Noble Pies in 2009. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $158,150. The campaign proceeds will be used to open the third flagship store and purchase equipment to scale production.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$934,798 |
$444,368 |
|
COGS |
$177,809 |
$194,832 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$155,527 |
$14,553 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$25,300 |
$2,200 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$90,300 |
$56,200 |
|
Short-Term Debt |
$60,000 |
$10,000 |
|
Long-Term Debt |
$120,000 |
$0 |
|
Total Liabilities |
$180,000 |
$10,000 |
Financials as of: 03/21/2022
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Noble Pies | 04/04/2024 | MainVest | - | $2,700 | Revenue Share | Not Funded | RegCF |
| Noble Pies | 05/09/2022 | Honeycomb | - | $39,250 | Debt | Funded | RegCF |
| Noble Pies | 05/24/2021 | Honeycomb | - | $92,900 | Debt | Funded | RegCF |
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