Piecemeal Pies (2021)

Piecemeal Pies (2021)

Closed: Jul. 2021

About this raise

Piecemeal Pies, a bakery, bar, restaurant, and pie shop in Stowe, VT, is raising crowdfunding on MainVest. The pie shop makes high-quality, handmade, and locally sourced meat pies and hard cider. The bakery also makes vegetable pies and sweet pies. Justin Barrett and Josh Brown founded Piecemeal Pies in 2016. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $50,000, and the funds will be used to build the second location and procure high-quality meat pies and hard cider. Piecemeal Pies uses organic and seasonal ingredients for its pies and is highly committed to quality. The new shop will be based at an excellent location in a red-carriage barn on the green.

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Investment Overview

Invested this round: $25,100

Deal Terms

Total Commitments

Platform
MainVest
Start Date
06/02/2021
Close Date
07/02/2021
Min. Goal
$25,000
Max Goal
$50,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Company & Team

Company

Year Founded
2016
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
White River Junction, Vermont
Business Type
Life Style
Company Website
Visit Website

Team

Employees
10
Prior Founder Exits?
No
Founder Name
Josh Brown
Title
Co-Owner
Founder Name
Justin Barett
Title
Co-Owner, Chef

Financials

 Revenue +19% YoY
$393,857
 Monthly Burn
Profitable
 Cash on Hand
$0
 Gross Margin
62%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$393,857

$332,074

COGS

$150,940

$117,014

Tax

$0

$0

 

 

Net Income

$39,031

$26,204

Summary Balance Sheet

Most Recent Year Prior Year

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/02/2021 MainVest - $25,100 Revenue Share Funded RegCF
04/30/2021 MainVest - $125,000 Revenue Share Funded RegCF
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Growth Charts

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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Piecemeal Pies on MainVest 2021
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Piecemeal Pies may no longer be accepting investments.

Piecemeal Pies Deal Report

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