-
Security Type
-
Debt
-
Categories
-
Food & Bev
-
Expected Close Date
-
June 20, 2022
-
Target Raise
-
$25.00K-$100.00K
-
No. Investors
-
45
-
Security Price
-
$1
- Number of Employees
- 2
- Cash
- $2,356
- Revenue
- $259,608
- Short Term Debt
- $11,906
- Cost of Goods
- $138,767
- Long Term Debt
- $0
- Net Income
- $22,962
Company Description
The majority of The Bearded Baking Company's offerings are based off of Wes's family and community recipes from back home in North Carolina. Wes's mom is from the coast and his dad is from the mountains of North Carolina. The combination of these two regions create the perfect recipe for hospitality and great food. Everything that The Bearded Baking Company offers has a story behind it, or a purpose. Folks from all walks of life enjoy our products. The younger generations go nuts for our thick mounded cookies in bold flavor combinations while the older communities love our old fashioned layer cakes and pies. Our business model is simple, we want to create a space where our community can come to obtain products of outstanding quality at obtainable price points. The Bearded Baking Company wants to be the go to source for all sweet needs. Whether its in times of sadness or celebration, we want to be a part of it.
Key Deal Facts
Investment perks available!, The first five investors will recieve a free dozen cookies!, Invest $3,000 and receive a complimentary Sweet Side Board, feeding up to 25 people! (Out of market investors will receive equal value in online orders)., Invest $5,000 and receive an in-house baking class with Wes! (For investors in Central Texas).
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
Security Description
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.