The Bearded Baking Company
Early Stage
Bakery
Analytics
Raised: $16,250
Aggregate Commitments $
Platform
Honeycomb
Start Date
05/05/2022
Close Date
06/20/2022
Min. Goal
$25,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
Funding Type
RegCF
Rolling Commitments $
Status
Active
Reporting Date
05/21/2022
Days Remaining
30
% of Min. Goal
65%
% of Max. Goal
16%
Likelihood of Max
Avg. Daily Raise
$1,016
Momentum
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Location
Austin, Texas
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
The Bearded Baking Company is raising funds on Honeycomb. The bakery makes baked goods using family and community recipes from North Carolina. The offerings include thick-mounded cookies in bold flavors, layer cakes, and pies made using high-quality ingredients. The business currently operates from home and plans to move to a storefront soon. Wes Dills founded The Bearded Baking Company in January 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for storefront space, delivery vehicle, electric rack oven, freezer, and smallwares.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$259,608 |
$0 |
|
COGS |
$138,767 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$22,962 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$2,356 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$9,834 |
$0 |
|
Short-Term Debt |
$11,906 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$11,906 |
$0 |
Financials as of: 05/05/2022
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