Vicky Cakes Pancake Mix
Gourmet Vegan Pancake Mix & Syrup
Overview
Raised: $61,470
Total Commitments ($USD)
Platform
Wefunder
Start Date
06/29/2023
Close Date
11/17/2023
Min. Goal
$49,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Revenue Share
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$439
# of Investors
104
Momentum
Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
LITTLE ELM, Texas
Vicky Cakes Pancake Mix is raising funds on Wefunder. The business makes gourmet vegan pancake mix and syrup using high-quality ingredients. It is an all-vegan, culturally-relevant, and innovative brand that makes pancake mix and syrup without any artificial ingredients, preservatives, GMOs, hydrogenated oils, dyes, and high-fructose corn syrup. Vicky Cakes Pancake Mix sold 154,000 bags of pancake mix in one day on Good Morning America and has generated $800,000 in lifetime sales. Christian Sargent and Cortney Sargent founded Vicky Cakes Pancake Mix in August 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for marketing, inventory, production employees and labor, and capital equipment expenditure.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$87,229 |
$244,089 |
|
COGS |
$17,544 |
$68,824 |
|
Tax |
$405 |
$5,580 |
| ||
| ||
|
Net Income |
$4,960 |
$27,428 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$466 |
$2,966 |
|
Accounts Receivable |
$15,453 |
$16,758 |
|
Total Assets |
$191,784 |
$166,830 |
|
Short-Term Debt |
$9,750 |
$456 |
|
Long-Term Debt |
$22,542 |
$0 |
|
Total Liabilities |
$32,292 |
$456 |
Financials as of: 06/29/2023
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