Poppy's Stuffed Bagels

Grant is expanding his bagel and bread business!

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Claim My Business View on Honeycomb Credit
Amount Raised: $20,100
Categories
Prepared Foods
Location
WASHINGTON, DC
Expected Close Date
January 09, 2023
Target Raise
$35.00K-$80.00K
Security Price
$1
Number of Employees
7
Cash
$0
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$0

Company Description

Pop's Bakery is a wholesale baked goods producer with a mission to make the best locally-sourced bread for its customers and a record of profitable growth toward realizing that goal. Pop’s operates from a 6,000 square-foot commercial kitchen facility in northeast Washington D.C., where CEO & Founder Grant Sarvis and his team of seven employees currently turn out 35,000 units of product per week for 40 restaurants and over 100 retailers (and counting!) across the greater DC area and beyond. Pop’’s gross revenue in calendar year 2021 was 250,000, which yielded 35 percent margins, and the company is on track to increase both figures by 100 percent and 50 percent, respectively by the end of 2022.

Key Deal Facts

Among the company’s many accolades, Poppy’s Stuffed Bagels were voted “best stuffed bagel” by Washington Post readers in 2016 , while Pop’s Buns are used at three of the five “best burger joints in DC” according to DC Eater 2021., You can invest for as little as $100 and be repaid overtime with interest. Check out your potential earnings in the photos above!

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