Pop's Bakery
Prepared Foods
Overview
Raised: $45,325
Total Commitments ($USD)
Platform
Honeycomb
Start Date
11/24/2022
Close Date
01/09/2023
Min. Goal
$35,000
Max. Goal
$80,000
Min. Investment
$100
Security Type
Debt
Payment Schedule
Monthly
Funding Type
RegCF
Interest Rate
13.75%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/31/2023
Days Remaining
Funded
% of Min. Goal
130%
% of Max. Goal
57%
Likelihood of Max
Funded
Avg. Daily Raise
$985
# of Investors
47
Momentum
Funded
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Location
Washington, District of Columbia
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Pop’s Bakery is raising funds on Honeycomb. It is a wholesale baked goods producer in Washington, DC. The offerings of Pop’s Bakery include a variety of packaged bagel holes with toppings on the outside and a rich cream cheese filling, including chive dill cream cheese, jalapeño cream cheese, and cinnamon honey cream cheese. Pop’s Bakery also makes hot dog buns and deluxe hoagies that are supplied to restaurant and hotel customers. Grant Sarvis and Julia Greenberger founded Pop’s Bakery in May 2016. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $80,000. The campaign proceeds will be used for purchasing equipment, machinery, and production assets, creating and producing packaging, marketing through promotions and demos, and financing payroll and rent.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$0 |
$0 |
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 |
Financials as of: 11/24/2022
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