Amazing Pizza

Amazing Pizza

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Categories
Food & Bev
Min Investment
$100
Location
Beverly, MA
Offering Date
October 10, 2019
Target Raise
$20.00K-$75.00K

Company Description

A Message from the Founder:

"I founded Amazing Pizza & More in 2014. The concept, mantra, and menu is based on core values: respect, integrity, honesty, and dignity. To date, this has resulted in a very high quality standard of guest service and the highest quality standard of foods that are purchased, prepared, and served. The business evolved with attention to detail and putting our customers first. Amazing Pizza started with artisan pizzas and authentic cooking with various specials.

With great excitement, we're announcing our expansion to our second location in Beverly, MA. This location serves a much larger audience while giving us the back of house resources to grow our business with higher volume output for delivery and catering. On behalf of the full Amazing Pizza team, we're proud to give the greater Beverly community the opportunity to invest with us and share in our success as we grow."

-Jacqueline Field, Founder - Amazing Pizza and More

 

Deal Highlights - Why you might invest

 

  • Exceeded projected revenue by at least 5% in every consecutive year of operations
  • The Critics Speak for Us: #8 Pizza in MA - INYOURSTATE.COM, #1 Pizza in Salem - Barstool.com, Top 10 Pizza - North Shore Magazine, First Place - Salem Common Pizza (4 years in a row), Golden Plate Award - Phantom Gourmet
  • 30+ years of Founder Experience in the Hospitality Industry
  • Community Focused - Donate an average of $1,500 / yr in Pizza to community fundraisers
  • Turnkey Location secured - seeking final portion of capital stack for working capital and buildout completion

 

INDUSTRY HIGHLIGHTS

  • Pizza restaurants account for 6.6% of all single service restaurants - an industry with an approximate revenue of $169.2 billion in 2018.
  • Pizza restaurants are historically a very low-cost, high-margin business, belonging to an industry that is trending towards more price-based competition.
  • The average American consumer spends 5.6% of their annual expenditure on food and beverages outside of the house.

 

About the business

 

Amazing Pizza and More's Salem location was an instant success. Working closely with the Salem School District , Salem Chamber of Commerce, our local neighborhood, and the power plant, Amazing Pizza and More became a destination overnight. Our growing customer base has far exceeded the capacity of our foundational first location and we're elated to have found the perfect fit with our Beverly expansion. Amazing Pizza will always be involved in the community, and provide great jobs with fair compensation. Our philosophy around our employees is a development-driven mindset, providing clear paths to growth opportunities for talented workers interested in moving the company forward as we continue to grow.

We have secured and are in the process of deploying $110,000 of the $150,000 target amount modeled to enable us to hit the ground running with the new location. The capital raised through MainVest will be deployed as detailed in our data room section, dependent on the total amount raised. 

 

About our MIssion

 

Founder Jacqui Field's mission is to put a smile on everyone’s face from the age of 4 to the age of 105. Feeding people is her greatest pleasure in life and it makes her so happy that she gets to do this every day for a living. Opening the second location will give Amazing Pizza & More the opportunity to spread the wonderful food and product she has so skillfully put together in a larger restaurant setting. Amazing Pizza and More already has a huge following in Beverly as most of our customers come over the bridge. This funding unlocks the last phase of launch and provides the working capital needed to start off strong and never look back.

Use of Proceeds

  • Location Build-Out: $5,500
  • Equipment: $40,000
  • Furniture: $10,000
  • Operating Capital: $15,000
  • Mainvest Compensation: $4,500

Management Team / Advisory Board Bios

Jacqui Field
Founder and CEO
Jacqueline N. Field has over 30 years in the hospitality industry. She has been a corporate manager, an opening team manager, private chef, head manager of the prepared foods department of Whole Foods Market, a server and bartender at many fine dining establishments and she has enjoyed all aspects from the food experience to the guest experience. She has been serving Amazing Pizza and More's delicious authentic foods to over 100 guests a day for the last five years. Her passion comes from preparing high end foods and serving it to guests and putting a smile on their face.
Amount Raised : $26,300
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