CounterspaceBR

CounterspaceBR

Sarah Joy has opened up a new bakery location!

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Security Type
Debt
Categories
Bakery
Location
BATON ROUGE, LA
Expected Close Date
September 05, 2022
Amount Raised
$10,000
Target Raise
$30K-$100K
No. Investors
8
Security Price
$1
Number of Employees
11
Cash
$11,198
Revenue
$161,583
Short Term Debt
$4,539
Cost of Goods
$67,351
Long Term Debt
$250,856
Net Income
$-76,815

Company Description

CounterspaceBR is a from-scratch, small-batch bakery. We make fresh cakes, cookies, brownies, and other sweet delicacies daily. We have recently expanded into fresh bread for house-made sandwiches AND kitchenware! Our customers range in age from those enjoying their first tastes of sugar all the way up to ages that aren't publicly acknowledged! We have worked, as a team, to curate a customer experience that is welcoming, flavorful, and fun!

Key Deal Facts

Counterspace has been nominated for the best bakery in Baton Rouge in various local publications!, Counterspace has served as a donation access point after Hurricanes Laura, Delta, and Ida and delivered food, water, and supplies to devastated areas in coastal Louisiana.

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.

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