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Nomad Donuts on Honeycomb
Food & Bev

Nomad Donuts

Nomad is growing rapidly with the help of their community!
Dallas, 
TX
Investment type:
Loan
(36 months, 10.75%)
Target raise:
$50,000 - $100,000
Minimum investment:​
$100
End date:
Jul 31, 2023
ended
Nomad Donuts is home of vegan-friendly donuts and San Diego’s only Montreal-style bagels!
Our Story

Brad is expanding his donut and bagel shop, building up wholesale and catering capacity and refinancing high-interest debt - and purchasing a bagel-rolling machine. So long, sore wrists from rolling them by hand!
Our Ambition

The funds raised in this offering will be used to refinance some high-interest debt incurred to grow the bagel business. Additionally, after hand rolling hundreds of bagels a day, Brad finally gave in and purchased a bagel rolling machine. Nomad is also looking to fund the recruiting and training costs to expand our wholesale bagel and catering operations. The growth of their wholesale operations will bring them a steady and predictable stream of revenue to help pay for their rising rent costs and facility maintenance. The growth of Nomad's catering business will bring additional revenue at a higher margin than wholesale, while increasing brand awareness. Both of these parts of the business will bring stability to the company while allowing Nomad to pay living wages, invest in some additional baking equipment and increase community involvement.