Rock N Roll Donut Bar

Rock N Roll Donut Bar

Early Stage

Donut Shop

Overview

Raised to Date: Raised: $12,500

Total Commitments ($USD)

Platform

MainVest

Start Date

01/31/2024

Close Date

03/30/2024

Min. Goal
$50,000
Max. Goal
$400,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

Uncapped

Discount

0%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

03/28/2024

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$216

# of Investors

35

Momentum
Not Funded
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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. 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 $50,000 and a maximum target of $400,000. The campaign proceeds will be used for construction costs and operating capital.

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

$5,676

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

Financials as of: 01/31/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Rock N Roll Donut Bar 03/29/2024 MainVest - $12,500 Convertible Note Not Funded RegCF
Rock N Roll Donut Bar 12/28/2023 MainVest - $32,000 Convertible Note Funded RegCF
Rock N Roll Donut Bar 06/11/2023 MainVest - $18,700 Revenue Share Not Funded RegCF
Rock N Roll Donut Bar 04/17/2023 MainVest - $67,500 Revenue Share Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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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Rock N Roll Donut Bar on MainVest 2024
Platform: MainVest
Security Type: Convertible Note

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