ACQ Bread
Bakery
Overview
Raised: $100,000
Total Commitments ($USD)
Platform
MainVest
Start Date
06/15/2021
Close Date
10/15/2021
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.30X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$826
# of Investors
120
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
ACQ Bread, a bakery in Brooklyn, NY, is raising crowdfunding on MainVest. The artisan bakery makes bread using organic wheat grown and milled in New York. The business is highly focused on the quality of its methods and organic ingredients, and the unique and soulful flavor of the bread. Tyler Lee Steinbrenner founded ACQ Bread in May 2020. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $100,000, will be used to purchase a deck oven and a dough mixer, increase production and grow sustainably. ACQ Bread also gives back to its community and donates over 200 bread loaves to local mutual-aid groups monthly.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$41,848 |
$0 |
|
COGS |
$35,509 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-38,542 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 06/15/2021
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