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Security Type
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Convertible Note
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Categories
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Retail, Food & Bev, Healthcare & Medical
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Min Investment
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$100
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$850.00K
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No. Investors
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73
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Security Price
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$1
- Number of Employees
- 8
- Cash
- $25,346
- Revenue
- $772,822
- Short Term Debt
- $128,767
- Cost of Goods
- $276,127
- Long Term Debt
- $235,404
- Net Income
- $-76,920
Key Deal Facts
Regional to national distribution, expanding from 500 stores to 1200
Distribution partnership with UNFI & KEHE
largest national distributors in US
Starting expansion into Sprouts and Grocery Outlet at a national level
We own our manufacturing facility capable of producing at a national scale
Product line expansion into Yerba Mate. Kombucha and natural drink market growing rapidly
$1M revenue in 2022 with projection to hit $3M in 2023
Former CFO Coke South Brazil as Lead Investor + Strategic Advisor
Founder has successful exit in branding and licensing venture
Management Team / Advisory Board Bios
Vinnie Pavan Founder/ CEO Season entrepreneur with a successful exit in the branding and licensing industry., Marco Quadros Founder / COO Lawyer by trade. Now running the Operations of Babe Kombucha., Carol Pavan Founder / President Successful Architect who left her first career to launch BABE for the love of Kombucha., Travis Davenport Partner/ Brew Master A creative genius with 15 + years experience in Kombucha brewing. Also a super model (Channel, Polo, Ralph Lauren etc.).
