Kai's Baking Studio

Kai's Baking Studio

Customer-focused keto, and Gluten-free bakery

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Security Type
Other
Categories
Food & Bev
Location
Houston, TX
Offering Date
April 23, 2021
Expected Close Date
June 10, 2021
Target Raise
$25.00K-$100.00K
Deal Notes

Bond Duration - 60 months

Yield - 8.00%

Unit Par Value - $10.00

Total Unit Value - $12.17

Company Description

Kai’s Baking Studio’s journey started off as a father (Rod) and daughter (Makai) duo sharing quality time in the kitchen baking. What started out as quality father-daughter time evolved into Kai’s Kookies. After two years, Kai had to make lifestyle adjustments in her diet due to food allergies. Faced with a tough situation, for any person, let alone an 8-year-old, they began researching more dairy-free, egg-free, and gluten-free treats.

Use of Proceeds

(25%) $25,000 - Towards equipment

(50%) $50,000 - Towards working capital

(15%) 15,000 - Towards marketing

(6.5%) $6,500 - Towards packaging and logistics

(3.5%) $3,500 - Towards SMBX capital raise fees

Management Team / Advisory Board Bios

Kai, Founder
From baking cookies, to selling, bagging, and even procuring raw materials, Kai is involved in every aspect of the business. Her parents are dedicated to producing something different for their children, teaching them the power of entrepreneurship and the tenants of business. Kai is well versed in the kitchen and in the business, she calculates costs, and she is a tenacious saleswoman with a big smile always recommending her favorites to clients.

Deal Notes

Bond Duration - 60 months

Yield - 8.00%

Unit Par Value - $10.00

Total Unit Value - $12.17

Amount Raised : $0
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