Patisserie Melanie

Patisserie Melanie

Bakery

Bakery

Overview

Raised this Round: Raised: $124,000

Total Commitments ($USD)

Platform

Honeycomb

Start Date

08/16/2024

Close Date

09/30/2024

Min. Goal
$60,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.75%

Term Length

3.0 years

Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

San Diego, California

Business Type

Life Style

Patisserie Melanie is raising funds on Honeycomb. It is an authentic French bakery and cafe in the heart of San Diego, California. Patisserie Melanie crafts its handmade menu in small batches using high-quality ingredients and uses French methods to create a one-of-a-kind culinary experience. The bakery has received several awards since its opening and has been featured in the San Diego Magazine, Eater San Diego, and Edible San Diego. Arthur Schwartz founded Patisserie Melanie in September 2019. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for patio upgrades, interior upgrades, new product development, marketing, services expansion, product expansion, and working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$380,839

$0

COGS

$84,041

$20,747

Tax

$0

$0

 

 

Net Income

$-124,621

$-141,714

Summary Balance Sheet

FY 2023 FY 2022

Cash

$17,952

$35,732

Accounts Receivable

$0

$0

Total Assets

$1,224,348

$1,069,638

Short-Term Debt

$20,045

$0

Long-Term Debt

$596,412

$538,518

Total Liabilities

$616,457

$538,518

Financials as of: 08/16/2024
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Patisserie Melanie 09/30/2024 Honeycomb - $124,000 Debt Active RegCF

No prior online funding rounds.

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Patisserie Melanie on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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