Leavened

Leavened

Print
Security Type
Debt/Note
Categories
Food & Bev
Location
Cleveland, OH
Offering Date
March 27, 2020
Expected Close Date
June 23, 2020
Target Raise
$10.00K-$50.00K

Company Description

Leavened is a from-scratch artisan bakery and cafe that will open in Cleveland, Ohio in the summer of 2020. Leavened will serve the Cleveland community by capitalizing on the need for a high-quality neighborhood bakery that offers not only top-tier products but also a space for community and gathering. The bakery will offer a range of artisan-style breads and pastries produced fresh daily in its retail location.

Use of Proceeds

Approximately $15,000 worth of the money raised with Honeycomb will be used to purchase initial stocks of raw ingredients and miscellaneous supplies. Initial raw ingredients include flour, sugar, eggs, milk, etc. –– all of the basic foodstuffs needed to produce the from-scratch baked goods. This money will also cover purchases of locally roasted coffee beans for the drip coffee counter and the espresso program. Also included in this figure are initial purchases of paper goods such as to-go coffee cups, paper bags, sandwich wrapping, napkins, etc. The remainder of the money will be used to pay for the hiring and training of bakery staff.

Management Team / Advisory Board Bios

Ian Herrington - Owner
Amount Raised : $14,000
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

A note is a financial security that generally has a longer term than a bill but a shorter term than a bond.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments