The Black Bread Company

Early Stage

A Black-Owned Gourmet Sliced Bread Company

Analytics

Raised to Date: Raised: $666,944

Aggregate Commitments $

Platform

StartEngine

Start Date

04/19/2022

Close Date

07/18/2022

Min. Goal

$9,997

Max. Goal

$1,069,877

Min. Investment

$250

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$2.78

Pre-Money Valuation

$25,020,000

Rolling Commitments $

Status

Active

Reporting Date

05/26/2022

Days Remaining

53

% of Min. Goal

6,672%

% of Max. Goal

62%

Likelihood of Max
extremely
Avg. Daily Raise

$18,026

Momentum
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Location

Chicago, Illinois

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

The Black Bread Company, with a valuation of $25 million, is raising funds on StartEngine. The business manufactures and sells gourmet sliced bread and bread products. The products of The Black Bread Company are full of flavor, fresh, free of additives, and are sold nationwide. The business has 45,000 social media followers and generated $263,000 in sales within the last year. Mark Edmond, Jamel Lewis, and Charles Alexander founded The Black Bread Company in July 2020. The current crowdfunding campaign has a minimum target of $9,996.88 and a maximum target of $1,069,877.44. The campaign proceeds will be used for growth and expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$261,139

$0

COGS

$73,991

$0

Tax

$0

$0

 

 

Net Income

$-15,167

$-3,592

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$3,229

$768

Accounts Receivable

$0

$0

Total Assets

$28,702

$11,687

Short-Term Debt

$5,000

$0

Long-Term Debt

$5,000

$0

Total Liabilities

$10,000

$0

Financials as of: 04/19/2022
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The Black Bread Company on StartEngine 2022
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $25,020,000

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