9 Miles East

9 Miles East

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Categories
Food & Bev
Min Investment
$1,000
Location
Saratoga Springs, NY
Offering Date
October 04, 2019
Target Raise
$30.00K-$90.00K

Company Description

Overview

9 Miles East Farm has built a strong brand and a base of thousands of regular customers through years of consistently delivering high-quality locally-sourced food to the Capital District and Metro Boston areas. The founders of the farm are now planning to establish a larger production kitchen and 40 seat dining room in a great central location in Saratoga Springs, NY. This new restaurant will be operated under the recently established 9 Miles East Saratoga LLC and will be a separate business from the 9 Miles East Farm. The new dining room will make the farm’s award-winning pizza and other meals available for higher-margin on-premise consumption, and improve operational efficiency for the delivery operation. The new kitchen will also house an expanded production kitchen for 9 Miles East Farm’s GO Boxes and other meals delivered through workplace wellness and subscription meal delivery channels. We’ve simply outgrown our current kitchen on the farm.

Use of Proceeds

  • Production Kitchen: $50,000
  • Renovation of Dining Room and Product Assembly Area: $30,000
  • Working Capital: $4,600
  • MainVest Compensation: $5,400

Management Team / Advisory Board Bios

Gordon Sacks
Founder & CEO
Gordon co-founded 9 Miles East Farm to make it easy for busy people to enjoy healthy local food. That simple mission has expanded into a rapidly growing regional team employing 33 people and serving thousands of customers each week through workplace wellness, workplace catering, subscription meal delivery, vegetable growing, and pizza delivery operations. Sacks previously was a director for Paradigm Capital Management. He has a BA from Vassar College.

Mary Sacks
Co-Founder, Chief Marketing Officer, and Chief Operating Officer
Mary co-founded 9 Miles East Farm to make it easy for busy people to enjoy healthy local food. She directs the farm's social media presence and other outreach initiatives in addition to operational and administrative responsibilities. She has a BA from SUNY Buffalo.
Amount Raised : $300,000
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