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Expected Close Date
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March 14, 2024
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Target Raise
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$35.00K-$75.00K
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No. Investors
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11
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Security Price
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$1
- Number of Employees
- 3
- Cash
- $5,772
- Revenue
- $264,703
- Short Term Debt
- $25,416
- Cost of Goods
- $111,410
- Long Term Debt
- $0
- Net Income
- $24,049
Company Description
Mauki's Bakery, established in October 2020 as a bakery/café, quickly became a beloved destination for its diverse culinary offerings. Not limited to just baking, Angela's passion extends to creating homemade salsa, hot sauce, jams, and jellies, alongside cooking meals that cater to breakfast and lunch diners any time of the day. Despite an enticing opportunity in 2022 to distribute products across 180 stores of a large grocery chain, logistical constraints related to the café's size halted this expansion. Nonetheless, with a stellar review rating of 4.8, Mauki's Bakery has earned a reputation as a top-notch breakfast spot, cherished by its patrons for its quality and variety.
Key Deal Facts
A farmers' market favorite turned brick-and-mortar, Mauki's must expand as they are turning customers away week after week due to high demand but lack of seating space., Mauki's Bakery has average 4.78 stars across major review sites!, Mauki's has demonstrated consistent growth in total revenue over the three-year period. Revenue increased from $148,753 in 2021 to $225,653 in 2022, and then to $264,703 in 2023.