Sweet Gilly’s Specialty Bakeshop

Sweet Gilly’s Specialty Bakeshop

Closed: Mar. 2025

About this raise

Sweet Gilly’s Specialty Bakeshop is raising funds on Honeycomb. The bakery is based in Frisco, Texas, and is known for its cakes and pastries with special designs and flavors. Sweet Gilly’s Specialty Bakeshop’s products are allergen-friendly, gluten-free, dairy-free, and egg-free, and have options for nut-free and soy-free as well. The business was featured on the cover page of the taste section in D Magazine in 2021 and nominated for the Dallas Tastemakers Award in 2024. Gillian Kirk founded Sweet Gilly’s Specialty Bakeshop in January 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $65,000. The campaign proceeds will be used to hire more employees and refinance high-interest debt.

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Investment Overview

Deal Terms

Platform
Honeycomb
Start Date
02/13/2025
Close Date
03/27/2025
Min. Goal
$25,000
Max Goal
$65,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.75%

Company & Team

Company

Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
Frisco, Texas
Company Website
Visit Website

Team

Employees
3

Funding data not publicly available

Financials

 Revenue
$84,303
as of FY2024
 Monthly Burn
$2,177
as of FY2024
 Runway
1 months
as of FY2024
 Gross Margin
57%
as of FY2024

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$84,303

$61,896

COGS

$36,019

$0

Tax

$0

$0

 

 

Net Income

$-26,118

$0

Summary Balance Sheet

FY 2024 FY 2023

Cash

$2,232

$1,780

Accounts Receivable

$0

$0

Total Assets

$139,144

$41,225

Short-Term Debt

$3,849

$0

Long-Term Debt

$9,097

$20,097

Total Liabilities

$12,946

$20,097

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/27/2025 Honeycomb - $0 Debt Not Funded RegCF
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Sweet Gilly’s Specialty Bakeshop on Honeycomb 2025
Platform: Honeycomb
Security Type: Debt

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