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Expected Close Date
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October 28, 2024
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Target Raise
-
$50.00K-$100.00K
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No. Investors
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14
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Security Price
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$1
- Number of Employees
- 55
- Cash
- $79,939
- Revenue
- $3,902,370
- Short Term Debt
- $369,429
- Cost of Goods
- $1,156,397
- Long Term Debt
- $1,303,188
- Net Income
- $-395,478
Company Description
Misha's Cupcakes is a proudly woman-owned and operated bakery in South Florida, founded in 2005 as a small home business. Over the past 19 years, we've grown into a beloved brand with six locations, including one at Miami International Airport. We offer a wide range of cupcakes, cakes, and other baked goods, available through various channels: wholesale to retailers like Whole Foods, Farm Stores, and Milam's; nationwide shipping via Goldbelly; local delivery through DoorDash and UberEats; and store pickups through Too Good To Go. We also provide white-label cakes for Mackenzie Limited and specialize in corporate gifting. Additionally, we have four cupcake vending machines, strategically located at Miami International Airport, Florida International University, and Merrick Park Mall in Coral Gables. Looking ahead, we’re excited to expand our footprint by increasing our vending machine presence in malls, airports, and universities, and boosting our sales through large retail outlets. From our humble beginnings, Misha's Cupcakes has flourished into a thriving business with multiple locations, a dedicated team, and partnerships with top retailers.
Key Deal Facts
Awards and Recognitions: Coral Gables Business Woman of the Year, Best Cupcake in South Florida (New Times), ChamberSouth Excellence in Restaurants and Catering, 2023 Diversity and Inclusion Award’s Entrepreneur of Excellence, and Florida International University Torch Award for Entrepreneurial Leadership., Notable Events and Features: Featured on Deco Drive, Telemundo, Univision, and Goldbelly. Participated multiple times in the South Beach Wine and Food Festival and hosted kiosks at major venues like Marlin's Stadium, American Airlines Arena, and Macy's in Aventura Mall., Partnerships and Presence: Operated a store at Florida International University and held notable partnerships, including being featured at major sports events and festivals.