Noble Pies

Noble Pies

Bakery

Overview

Raised to Date: Raised: $2,700

Total Commitments ($USD)

Platform

MainVest

Start Date

03/07/2024

Close Date

04/04/2024

Min. Goal
$70,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.40X

Rev. Share %

0.85%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/04/2024

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

$96

# of Investors

3

Momentum
Not Funded
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Year Founded

2009

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Warwick, New York

Business Type

Life Style

Noble Pies is raising funds on MainVest. The pie bakery and farm in New York makes award-winning sweet and savory pies fresh every day. Noble Pies are made using fresh, highest-quality, and locally sourced ingredients. The flavorful pies of Noble Pies are loved by customers ranging from toddlers to octogenarians. The business has been doing well and is planning to open its fifth location in Bronxville in June 2024. Leslie Noble and Tom Herman founded Noble Pies in June 2009. The current crowdfunding campaign has a minimum target of $70,000 and a maximum target of $124,000. The campaign proceeds will be used to open the fifth flagship store and purchase equipment to scale production.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,446,624

$934,798

COGS

$417,733

$235,857

Tax

$0

$0

 

 

Net Income

$196,302

$65,032

Summary Balance Sheet

FY 2023 FY 2022

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: 03/07/2024
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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 MainVest 2024
Platform: MainVest
Security Type: Revenue Share

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