24 Karat Bakery

24 Karat Bakery

Print
Location
Chicago , IL
No. Investors
11

Company Description

The co-op produces high-quality baked goods using sustainable practices and locally sourced ingredients whenever possible. Team members are worker-owners, ensuring that decisions and profits directly support staff and local neighborhoods.

Key Deal Facts

Chicago's first worker-owned bakery., 24 Karat Bakery is experiencing rapid growth, expanding from $150,000 in revenue in Year 1 to $395,000 by Year 3. This growth is driven by strong demand for our in-store bakery experience and expanding wholesale and catering channels.
Amount Raised : $11,607
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Research Reports

No reports have been submitted

Become a Reporter

0 Comments