Rock N Roll Donut Bar (2023)

About this raise

Rock N Roll Donut Bar is raising funds on MainVest. It is a donut shop in Monterey, California, that makes plant-based donuts. Rock N Roll Donut Bar’s offerings include big, bold, and beautiful gourmet donuts, a craft and IPA beer menu, craft wine, mimosas, breakfast and lunch menus, and an exciting brand experience. The business has a loyal customer base and has been featured at the world-famous Monterey Bay Aquarium, Oakland Zoo, and Casa De Fruta Resort. Scott Kirkpatrick founded Rock N Roll Donut Bar in March 2016. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $500,000. The campaign proceeds will be used for construction costs and operating capital.

Investment Overview

Invested this round: $32,000

Deal Terms
Company & Team

Total Commitments

Platform: MainVest
Start Date: 10/17/2023
Close Date: 12/29/2023

Min. Goal
$30,000

Max Goal
$500,000

Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF

Valuation Cap

Uncapped

Discount

Company

Year Founded: 2016
Industry: Food, Beverage, & Restaurants
Tech Sector: Non-Tech
Distribution Model: B2C
Margin: High
Capital Intensity: Low
Location: Temecula, California
Business Type: Life Style
Company Website: Visit Website

Team

Employees: 3
Prior Founder Exits?: No

Founder Name: Scott Kirkpatrick
Title: Owner

Financials

as of Fiscal Year 2022

Revenue +764% YoY: $864,912
Monthly Burn: Profitable
Cash on Hand: $46,510
Gross Margin: 87%

View Detailed Financials

Summary Profit and Loss Statement

	FY 2022	FY 2021
Revenue	$864,912	$100,000
COGS	$110,097	$37,473
Tax	$0	$0


Net Income	$39,172	$7,839

Summary Balance Sheet

	FY 2022	FY 2021
Cash	$46,510	$5,675
Accounts Receivable	$0	$0
Total Assets	$156,120	$7,839
Short-Term Debt	$75,197	$0
Long-Term Debt	$33,912	$0
Total Liabilities	$109,109	$0

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Ratings

Total Prior Capital Raised: $0
VC Backed?: No

Close Date	Platform	Valuation	Total Raised	Security Type	Status	Reg Type
03/30/2024	MainVest	-	$12,500	Convertible Note	Not Funded	RegCF
12/29/2023	MainVest	-	$32,000	Convertible Note	Funded	RegCF
06/12/2023	MainVest	-	$18,700	Revenue Share	Not Funded	RegCF
04/18/2023	MainVest	-	$67,500	Revenue Share	Funded	RegCF

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Revenue
Employees

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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View on MainVest

Conv. Note, Uncapped • Closed

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Rock N Roll Donut Bar (2023)

Rock N Roll Donut Bar (2023)

About this raise