Rock N Roll Donut Bar

Donut Shop
Overview
Raised: $5,000
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
22
% of Min. Goal
10%
% of Max. Goal
4%
Likelihood of Max
Avg. Daily Raise
$143
# of Investors
7
Momentum
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Year Founded
2016
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Rock N Roll Donut Bar is raising funds on MainVest. It is a donut shop in Monterey, California, that makes plant-based donuts. The offerings of the business 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. Scott Kirkpatrick founded Rock N Roll Donut Bar in March 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for space buildout for a new location in downtown Santa Cruz and capital reserves.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$814,912 |
$100,736 |
COGS |
$110,097 |
$16,548 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$13,762 |
$6,412 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$46,510 |
$5,676 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$130,710 |
$7,839 |
Short-Term Debt |
$75,197 |
$0 |
Long-Term Debt |
$33,912 |
$0 |
Total Liabilities |
$109,109 |
$0 |
Financials as of: 02/20/2023
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