Rock N Roll Donut Bar

Donut Shop

Overview

Raised to Date: Raised: $5,000

Total Commitments ($USD)

Platform

MainVest

Start Date

02/20/2023

Close Date

04/18/2023

Min. Goal

$50,000

Max. Goal

$124,000

Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rev. Share %

1.75%

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/27/2023

Days Remaining

22

% of Min. Goal

10%

% of Max. Goal

4%

Likelihood of Max
unlikely
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

Location

Temecula, California

Business Type

Life Style

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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Rock N Roll Donut Bar on MainVest 2023
Platform: MainVest
Security Type: Revenue Share

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