Overview
Raised: $2,700
Total Commitments ($USD)
Platform
MainVest
Start Date
03/07/2024
Close Date
04/05/2024
Min. Goal
$70,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Series A
SEC Filing Type
RegCF
Return Multiple
1.40X
Rev. Share %
0.85%
Rolling Commitments ($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
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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