Sugar Wood

NYC's Naughtiest Dessert Shop

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Security Type
Crowd SAFE
Min Investment
$150
Location
WILMINGTON, DE
Offering Date
January 19, 2024
Expected Close Date
April 20, 2024
Target Raise
$50.00K-$1.24M
No. Investors
36
Security Price
$1
Website
sugarwood.co
Number of Employees
9
Cash
$48,673
Revenue
$185,105
Short Term Debt
$45,103
Cost of Goods
$51,985
Long Term Debt
$808,293
Net Income
$-235,611

Company Description

In this post-pandemic world, consumers are seeking

Perks

Reserve
$1,000
Receive
A Magnum Party Box - with thirteen Woodys or Kittys plus four signature sauces for drizzling - delivered anywhere in the US.
Limited (100 left of 100)

Key Deal Facts

Over $600K in revenue in first 18 months of operations
55k+ followers and over 20 million video views on Instagram & TikTok
High margins of core products: Woody Waffle (87.6%) & Kitty Waffle (90.2%)
Featured in NY Post, Out Magazine, Elvis Duran & Watch What Happens Live
Hot Industries: Bachelorette ($17B annually) & In-person experiences
2x founder adept at marketing & brand building; Previous exit in 2018
Comprehensive plan for nationwide growth: e-commerce & franchise model

Management Team / Advisory Board Bios

Austin Allan
Founder
Seasoned Marketer, Brand Builder and Entrepreneur.

Michelle Muller
Customer Experience, Co-Founder & CXO of Little Spoon
Amount Raised : $50,500
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Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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