Coco Noir Wine Shop & Bar (1)

Coco Noir Wine Shop & Bar (1)

Bringing culture and community to the wine industry!

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
Oakland, CA
Offering Date
August 14, 2020
Expected Close Date
December 02, 2020
Target Raise
$50.00K-$107.00K
Deal Notes

4% of revenues

2.0X payback multiple

Secured by assets of CoCo Noir Wine Shop & Bar.

The company will pay investors 4% of revenues each quarter until 100% of your principal is returned plus 150% on top.

Valuation
$4

Company Description

We hope to be a brick and mortar that operates as an on-premise wine retail store, eatery, and event space for women winemakers and winemakers of color.Our 5-year vision for our company is to adopt a franchise model that will have many locations in culturally diverse communities throughout the United States and globally. Also, we want to be known as the industry leader in offering wine and food space for all women and minority-owned and hospitality professionals. Finally, we aim to be the leader in wine technology that connects women winemakers and winemakers of color to a global audience to sell their wine and to grow their brand. These projections cannot be guaranteed.Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Perks

Invest $250+ for Exclusive invitation to our soft opening event!
$500+ Exclusive invitation to our soft opening event! 10% of your first drink! Exclusive invite to Coco Noir Wine Club!
$1,000+ Exclusive invitation to our soft opening event! The first drink is on us! Exclusive invite to Coco Noir Wine Club. CoCo Noir Wine Shop T-Shirt
$2,500+ Exclusive invitation to our soft opening event! 3 bottle of wine is on us! Exclusive invite to Coco Noir Wine Club. CoCo Noir Wine Shop T-Shirt.
$5,000+ Exclusive invitation to our soft opening event. 6 cases of wine on us! Exclusive Invite to Coco Noir Wine Club. Coco Noir T-Shirt! Plus, VIP tour of the entire building, and meeting the staff, along with private wine tasting and insight on how the Coco Noir Wine shop was developed.
$10,000+ Exclusive invitation to our soft opening event. 1 case of wine on us! Exclusive Invite to Coco Noir Wine Club. Coco Noir T-Shirt! Plus, VIP tour of the entire building, and meeting the staff, along with private wine tasting and insight on how the Coco Noir Wine shop was developed.
Invest $250+ for Exclusive invitation to our soft opening event!
$500+ Exclusive invitation to our soft opening event! 10% of your first drink! Exclusive invite to Coco Noir Wine Club!
$1,000+ Exclusive invitation to our soft opening event! The first drink is on us! Exclusive invite to Coco Noir Wine Club. CoCo Noir Wine Shop T-Shirt
$2,500+ Exclusive invitation to our soft opening event! 3 bottle of wine is on us! Exclusive invite to Coco Noir Wine Club. CoCo Noir Wine Shop T-Shirt.
$5,000+ Exclusive invitation to our soft opening event. 6 cases of wine on us! Exclusive Invite to Coco Noir Wine Club. Coco Noir T-Shirt! Plus, VIP tour of the entire building, and meeting the staff, along with private wine tasting and insight on how the Coco Noir Wine shop was developed.
$10,000+ Exclusive invitation to our soft opening event. 1 case of wine on us! Exclusive Invite to Coco Noir Wine Club. Coco Noir T-Shirt! Plus, VIP tour of the entire building, and meeting the staff, along with private wine tasting and insight on how the Coco Noir Wine shop was developed.

Key Deal Facts

We sell wine and small bites by women and minority winemakers.
We are the first business venture to offer tech and retail business model for wine consumers
Our business is part of the new economy, in that we operate in an equitable and sustainable manner.
Women of color owned wine shop and eatery located in Oakland, CA's Black Business & Arts District.

Use of Proceeds

If $50,000 is raised

  • Commercial Space Rent - 1st and Last Month - 5 %
  • Construction Cost Wine shop and eatery - 20%
  • Wine Shop and Eatery - Equipment - 5%
  • Legal Fees - Licensing - 5%
  • Wine and Food (Topas Inventory) - 17.5%
  • Website Design and Maintenance - 5%
  • Security/ Alarm Equipment - 5%
  • POS System - 5%
  • Storage Signage - 5%
  • Internet Cost/ Phone System -5%
  • Marketing/ Advertisement - 5%
  • Insurance - 5%
  • Instore supplies/ Cleaning Supplies - 5%
  • Wefunder intermediary fee - 7.5%

If $107,000 is raised

  • Commercial Space Rent - 1st and Last Month - 5 %
  • Construction Cost Wine shop and eatery - 20%
  • Wine Shop and Eatery Equipment - 5%
  • Legal Fees and Licensing - 5%
  • Wine and Food (Topas Inventory) - 17.5%
  • Website Design and Maintenance - 5%
  • Security/ Alarm Equipment - 5%
  • POS System - 5%
  • Storage Signage - 5%
  • Internet Cost/ Phone System - 5%
  • Marketing/ Advertisement - 5%
  • Insurance - 5%
  • Instore supplies/ Cleaning Supplies - 5%
  • Wefunder intermediary fee - 7.5%

Management Team / Advisory Board Bios

Alicia Kidd - Co-Founder
My most impressive accomplishment is being an advocate for diversity and inclusion in the wine and hospitality industry. This passion has led me to my current business that offers diversity in wine on the side of supply chain and logistics.

Mari Kemp` - Co-Founder
Consistently striving to make an impact in all I do has enabled me to successfully build diverse organizations as an executive in the tech space. I've also made impact as a real estate investor creating jobs and building underserved neighborhoods.

Deal Notes

4% of revenues

2.0X payback multiple

Secured by assets of CoCo Noir Wine Shop & Bar.

The company will pay investors 4% of revenues each quarter until 100% of your principal is returned plus 150% on top.

Amount Raised : $0
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Valuation

Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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