Pon de Joy
Donuts
Overview
Raised: $54,200
Total Commitments ($USD)
Platform
MainVest
Start Date
05/25/2023
Close Date
10/31/2023
Min. Goal
$100,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.40X
Rev. Share %
4.90%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/04/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$343
# of Investors
102
Momentum
Funded
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Year Founded
2023
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Pon de Joy is raising funds on MainVest. The business makes and sells mochi donuts as a combination of mochis and traditional donuts. The mochi donuts have a unique bouncy texture and are light, moist, and fluffy. Pon de Joy already has three locations in Boston, Newton, and Malden and plans to open its fourth location in Andover, Massachusetts. Heather Kim founded Pon de Joy in February 2023. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used for the buildout of the new location.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
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: 05/25/2023
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