Nomad Donuts
Donut Shop
Overview
Raised: $81,500
Total Commitments ($USD)
Platform
Honeycomb
Start Date
06/14/2023
Close Date
07/31/2023
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
10.75%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/05/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,772
# of Investors
87
Momentum
Funded
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Year Founded
2013
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Nomad Donuts is raising funds on Honeycomb. It is a bagel and donut shop in San Diego, California that sells a vast selection of breakfast and lunch items. The offerings of Nomad Donuts include bagels, sandwiches, donuts, coffee, local craft beer, and other unique products from local makers. Nomad Donuts also provides wholesale and catering services and plans to grow further. Bradley Keiller founded Nomad Donuts in February 2013. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for refinancing high-interest debt and working capital.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$987,260 |
$1,183,091 |
|
COGS |
$284,602 |
$212,872 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$189,945 |
$-289,039 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$15,485 |
$21,928 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$362,301 |
$534,144 |
|
Short-Term Debt |
$181,374 |
$39,508 |
|
Long-Term Debt |
$214,917 |
$174,673 |
|
Total Liabilities |
$396,291 |
$214,181 |
Financials as of: 06/14/2023
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