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. 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.
Investment Overview
Invested $67,500 :
Deal Terms
Company & Team
Company
- Year Founded
- 2016
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +709% YoY
-
$814,912
as of FY2021
- Monthly Burn
-
Profitable
as of FY2021
-
Cash on Hand
-
$46,510
as of FY2021
- Gross Margin
-
86%
as of FY2021
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Company Funding & Growth
Funding history
- 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03/30/2024 | MainVest | - | $12,500 | Convertible Note | Withdrawn | RegCF |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 |