Data / Crowdfunding / Michigan / Bagel Kitchen LLC
Bagel Kitchen LLC: crowdfunding raise on MainVest, Inc., $60,000 to $100,000 (2023)
Bagel Kitchen LLC, a limited liability company in East Grand Rapids, MI, filed a Form C with the SEC on November 28, 2023 to raise $60,000 to $100,000 in debt through MainVest, Inc.. The offering closed on January 26, 2024. In its most recent fiscal year it reported $331,104 in revenue and a net loss of $10,210, with 2 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.bagelkitchengr.com
- Funding portal
- MainVest, Inc.
- Address
- 904 BELLCLAIRE AVE SE, East Grand Rapids, MI 49506
- Legal form
- Limited Liability Company
- Jurisdiction
- MI
- Incorporated
- February 28, 2021
- SEC CIK
- 0001995986
Offering terms
From the amendment filed November 28, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $60,000
- Maximum
- $100,000
- Deadline
- January 26, 2024
- Portal compensation
- MainVest will be paid Four and one half (4.5) Percent of the amount of the Offering raised by "In-Network Users" of the Platform plus Nine (9) Percent of the amount of the Offering raised by all other investors.
Financials
From the Form C-U filed February 1, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $331,104 | $125,227 | sec.gov |
| Cost of goods sold | $254,497 | $33,524 | sec.gov |
| Net income | $-10,210 | $-11,203 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 1, 2024 | Progress update | $60,000 | $100,000 | January 26, 2024 | At the close of the offering, the issuer closed on $61,800. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| November 28, 2023 | Amendment | $60,000 | $100,000 | January 26, 2024 | Issuer is extending the deadline to make an investment. | sec.gov |
| October 11, 2023 | Amendment | $60,000 | $100,000 | December 8, 2023 | Issuer is amending their pro-forma projections. | sec.gov |
| October 5, 2023 | Offering | $60,000 | $100,000 | December 8, 2023 | sec.gov |
Updated February 1, 2024. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.