Monday Coffee Company

Amanda and Felton are opening their first brick-and-mortar location!

Print
Claim My Business
Categories
Coffee Shop
Location
CHICAGO, IL
Expected Close Date
June 30, 2023
Target Raise
$50.00K-$124.00K
Security Price
$1
Website
mondaycoffee.co
Number of Employees
4
Cash
$754
Revenue
$176,627
Short Term Debt
$5,919
Cost of Goods
$63,520
Long Term Debt
$0
Net Income
$8,587

Company Description

Monday Coffee Company is an experiential coffee brand rooted in community, quality ingredients, and transparency. Majority of coffee brands and cafes are not owned by people of color. They believe the history and tradition of the coffee drink are not always shared within this billion-dollar industry. Since the 1970’s, coffee has been made the same way and with similar perspectives.

Key Deal Facts

Monday Coffee Company was profitable in 2021 and 2022, growing year-over-year revenue in 2022 by 182%., Owners Amanda and Felton have operated two coffee bars in Chicago, at the Retreat at Currency Exchange and Soho House Chicago, and a coffee cart at the Garfield Park Conservatory., Monday Coffee Co. was named one of the best coffee shops in Chicago in 2021 by DO312 while functioning as a pop-up.
Amount Raised : $25,450
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