Olive & Poppy Bakery
Bakery
Overview
Raised: $2,250
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/06/2024
Days Remaining
18
% of Min. Goal
9%
% of Max. Goal
8%
Likelihood of Max
Avg. Daily Raise
$205
# of Investors
6
Momentum
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Year Founded
2023
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Olive & Poppy Bakery is raising funds on Honeycomb. It is an Italian-inspired home bakery in El Paso, Texas. Olive & Poppy Bakery draws inspiration from the rich and simple flavors of Italy and creates its food using premium quality ingredients and authentic flavors. The bakery specializes in a variety of Italian desserts, including its signature Olive & Poppy cake and homemade gelato, and has garnered rave reviews for its offerings. Brian Aguirre founded Olive & Poppy Bakery in September 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $27,000. The campaign proceeds will be used to rent a commercial kitchen space, purchase baking equipment, purchase a cold storage unit for markets, expand and refine the product line, and fund packaging, branding, and marketing.
Summary Profit and Loss Statement
FY 2023 | FY 2022 | |
---|---|---|
Revenue |
$1,609 |
$0 |
COGS |
$521 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$1,043 |
$0 |
Summary Balance Sheet
FY 2023 | FY 2022 | |
---|---|---|
Cash |
$900 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$3,850 |
$0 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$0 |
$0 |
Financials as of: 04/25/2024
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