Beloved for our sweet-salty treats, we are expanding our successful bakery chain

Claim My Business
Retail, Food & Bev
Min Investment
Brooklyn, NY
Expected Close Date
April 29, 2024
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

Rated "best bakery" in NYC many times over (NY Mag, TimeOut, Village Voice)
Massively successful retail with 15-30% EBTIDA per unit and millions in gross revenues
$3.5mm run rate, with plans to $11mm+ in three years and profitably (not guaranteed)
Decade+ of organic marketing, 65k+ social followers, 1000s of press features (NYT, CNN, Food52, etc)
Huge white space for quality, full-service retail in an industry with a $36 billion TAM
Low CapEx per unit with ROI in <12 months (not guaranteed)
15% of round already raised
Women-owned and -led

Management Team / Advisory Board Bios

Agatha Kulaga CEO & Co-FounderI am incredibly proud, not only of building and running an internationally recognized bakery, but also for creating good jobs. 30% of our staff are formerly incarcerated or from at-risk zip codes and we pay full benefits and top-of-the-industry pay., Erin Patinkin Board Member & Co-FounderI'm most proud of the fact that, after several years as CEO, I could step back and continue to see Ovenly grow. To me, this signifies that Agatha and I built not only an award-winning business, but a sustainable one., Jodi Rodriguez Retail & Operations Director15+ years of experience in retail management, sales, and operations. Companies include Urban Outfitters and Alexis Bittar., Emily Turner Finance DirectorExperienced financial manager with expertise in food & beverage and hospitality. Specializing in financial planning and strategy, accounting, and human resources., Kimberly McNally Marketing Director15 years of experience in leading multi-channel Marketing strategy development and implementation. Previous companies include The Food Network, SAVEUR Magazine, and IPG Mediabrands.
Amount Raised : $159,880
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