Noble Pies

Noble Pies

A family-owned, locally grown pie bakery & farm

A family-owned, locally grown pie bakery & farm

Overview

Raised to Date: Raised: $92,900

Total Commitments ($USD)

Platform

Honeycomb

Start Date

04/05/2021

Close Date

05/25/2021

Min. Goal
$50,000
Max. Goal
$110,000
Min. Investment

$100

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,896

# of Investors

49

Momentum
Funded
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Year Founded

2009

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Warwick, New York

Business Type

Life Style

Noble Pies, a pie bakery and farm in New York, is raising crowdfunding on Honeycomb. The bakery makes award-winning sweet and savory pies fresh every day. The pies are made using fresh, highest-quality, and locally sourced ingredients. Leslie and Tom Noble founded Noble Pies in 2009. The current crowdfunding campaign has a minimum raise of $50,000 and a maximum raise of $110,000. The proceeds will target opening a new location, purchasing a delivery vehicle, and marketing costs. 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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$444,368

$273,708

COGS

$194,832

$54,008

Tax

$0

$0

 

 

Net Income

$14,553

$95,945

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$3,480

$0

Accounts Receivable

$0

$0

Total Assets

$96,323

$0

Short-Term Debt

$23,728

$0

Long-Term Debt

$0

$0

Total Liabilities

$23,728

$0

Financials as of: 04/05/2021
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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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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Noble Pies on Honeycomb
Platform: Honeycomb
Security Type: Debt

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