Kudo Society

Cherie is expanding her coffee shop and cafe's outdoor patio!

Print
Claim My Business
Categories
Food & Bev
Location
TEANECK, NJ
Expected Close Date
January 06, 2023
Target Raise
$25.00K-$124.00K
No. Investors
10
Security Price
$1
Website
kudosociety.com
Number of Employees
10
Cash
$31,797
Revenue
$616,544
Short Term Debt
$0
Cost of Goods
$231,642
Long Term Debt
$0
Net Income
$23,777

Company Description

Based in New Jersey, Kudo Society is a family-owned cafe where only the finest coffees and loose-leaf teas, along with other specialty drinks and products from around the world, are served. Our coffees are roasted with care that you can taste in each cup. Kudo Society’s unique arrangement with select top importers ensures our coffees will be of the highest grade available, in most cases much better beans than our competitors. Kudo Society is dedicated to using superior and high-technology equipment such as hand drip and auto hand drip coffee systems, barista espresso machines, and nitro cold brew equipment.

Key Deal Facts

Kudo Society is on track to grow 2022 revenue by 53% year over year!, Kudo Society has been featured in NJ Record, Dish 201 Magazine, and the cover of Korean Daily Magazine., After opening its Teaneck location in 2020, Kudo Society had a profitable 2021 and is on track to have a profitable 2022.
Amount Raised : $50,550
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

Research Reports

No reports have been submitted

Become a Reporter

0 Comments