Madeleine Bakery and Bistro
A small, local bakery
Overview
Raised: $58,835
Total Commitments ($USD)
Platform
Honeycomb
Start Date
07/07/2020
Close Date
08/21/2020
Min. Goal
$15,000
Max. Goal
$75,000
Min. Investment
$10
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/30/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,337
# of Investors
66
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Madeleine Bakery and Bistro, a small French bakery in Pittsburgh, is raising funds on Honeycomb. The local bakery makes top-quality and delicious French baked goods, including cookies, macarons, and baguettes. The company has also grown a wholesale business supplying classic baked goods to 9-10 local businesses. Madeleine Bakery and Bistro is owned by Andrew Stump and Abigail Stump, with degrees and passion in culinary arts. The current round of crowdfunding has a minimum raise of $15,000 and a maximum raise of $75,000, and the funds will be used to obtain some working capital during the COVID-19 shutdown. Madeleine Bakery and Bistro continues to expand its customer base and increase its presence on social media.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$524,304 |
$442,547 |
|
COGS |
$139,962 |
$118,278 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-14,276 |
$-26,738 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$22,595 |
$16,225 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$567,264 |
$542,882 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$539,592 |
$531,554 |
|
Total Liabilities |
$539,592 |
$531,554 |
Financials as of: 07/07/2020
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.