Rich Spirit
Bakery
Overview
Raised: $124,000
Total Commitments ($USD)
Platform
MainVest
Start Date
04/26/2023
Close Date
05/26/2023
Min. Goal
$120,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.40X
Rev. Share %
8.15%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/31/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$4,133
# of Investors
88
Momentum
Funded
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Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Rich Spirit is raising funds on MainVest. It is an upcoming bagel bakery in Wheat Ridge, Colorado. The business plans to create a new style of bagel by combining the world’s best bagels with wild fermentation techniques and high-quality ingredients. Rich Spirit aims to open its location at Gold’s Marketplace along with other incredible businesses like Esters Restaurant, Queen City Coffee, and Cosmos Dog Bakery. Shawn Bergin founded Rich Spirit in December 2022. The current crowdfunding campaign has a minimum target of $120,000 and a maximum target of $124,000. The campaign proceeds will be used for construction and equipment at the brick-and-mortar location.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
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: 04/26/2023
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