Pupster Bakery
Bakery
Overview
Raised: $10,300
Total Commitments ($USD)
Platform
MainVest
Start Date
07/29/2021
Close Date
10/25/2021
Min. Goal
$25,000
Max. Goal
$125,000
Min. Investment
$100
Security Type
Revenue Share
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
10/30/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$118
# of Investors
25
Momentum
Not Funded
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Year Founded
2014
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
Margin
Low
Capital Intensity
Pupster Bakery, a bakery in New York, NY, is raising funds on MainVest. The bakery uses human-grade ingredients to make baked goods without any additives, preservatives, and artificial flavors. Also, any recipe of the bakery can be modified to meet the needs of dogs and cats. John Ellett founded Pupster Bakery in July 2014. The current crowdfunding campaign of the company has a minimum target of $40,000 and a maximum target of $125,000. The raise proceeds will be used towards kitchen equipment, kitchen expansion, retail expansion and renovation, and bakery case and equipment. Pupster Bakery hand picks all its ingredients from farmers’ markets and bakes its treats in small batches.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$9,015,700 |
$96,000 |
|
COGS |
$28,900 |
$33,544 |
|
Tax |
$3,800 |
$3,055 |
| ||
| ||
|
Net Income |
$21,606 |
$25,077 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$18,000 |
$9,500 |
|
Accounts Receivable |
$2,200 |
$800 |
|
Total Assets |
$5,800 |
$3,400 |
|
Short-Term Debt |
$4,500 |
$2,655 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$4,500 |
$2,655 |
Financials as of: 07/29/2021
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