Antonio’s Cupcake Factory
FOOD
Overview
Raised: $0
Total Commitments ($USD)
Platform
MainVest
Start Date
04/02/2020
Close Date
07/01/2020
Min. Goal
$10,000
Max. Goal
$30,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
07/04/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2013
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Antonio’s Cupcake Factory, a craft bakery in New Windsor, NY, is raising funds on MainVest. The company bakes cakes, cupcakes, and macrons using natural ingredients and serves them for special occasions, like weddings, baby showers, and birthdays. Antonio’s Cupcake Factory is owned by Antonio Frontera, a Culinary Institute of America graduate and a seasoned chef and baker. The current round of crowdfunding of the bakery has a minimum target of $10,000 and a maximum target of $30,000, and the proceeds will be used to cover operational costs during COVID-19. Antonio’s Cupcake Factory is well known in the community of New Windsor for the past seven years and expanded into a new location in September 2019 to meet high demands.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$150,730 |
$152,641 |
|
COGS |
$52,983 |
$51,886 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$97,747 |
$100,755 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$19,760 |
$13,878 |
|
Short-Term Debt |
$8,657 |
$12,941 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$8,657 |
$12,941 |
Financials as of: 04/02/2020
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