Proof Bread

Proof Bread

Everything Naturally Leavened

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Security Type
Revenue Sharing
Categories
Retail
Min Investment
$100
Location
Mesa, AZ
Offering Date
April 02, 2021
Expected Close Date
August 04, 2021
Target Raise
$50.00K-$150.00K
Security Price
$1

Company Description

We specialize in Old World artisan breads and pastries. Everything we make is hand-mixed, naturally leavened, and baked fresh.

 

Key Deal Facts

Proof serves an average of 1,500 customers per week.
In 2017 Proof had around 4,000 followers online. Today, across all platforms, its 150,000.
All of Proof's production up until now has been limited to a home garage.Most of Proof's sales have come from markets and outdoor events.Proof grew during COVID, and diversified into multiple sales channels.

Use of Proceeds

  • Renovation : $90,000
  • Operating Capital: $51,000
  • Mainvest Compensation: $9,000

Management Team / Advisory Board Bios

Jonathan Przybyl, Owner
Jon is a life-long driven individual who pursues ideas and builds upon dreams since he was a young kid. When he used his first paycheck from his first job, he started a tennis racquet stringing business. He thrives solving complex problems, and has an insatiable appetite to learn. Jon's vision for Proof, coupled with an uncompromising desire for improvement, has grown it into what it is today.

Amanda Abou-Eid, Owner
Amanda is the heart of the organization. Not only is she willing to do what it takes to get the job done, but she is able to glue everyone together. Amanda offers a critical balance to Jon as well as a versatile skill set. Prior to Proof, Amanda worked in corporate finance at American Airlines.
Amount Raised : $200,000
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Valuation

Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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