I Eaze Eats - Express Wraps & Smoothies

I Eaze Eats - Express Wraps & Smoothies

Comfort Food Restaurant

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Security Type
Revenue Sharing
Categories
Other
Min Investment
$100
Location
Providence, RI
Offering Date
August 07, 2020
Expected Close Date
October 14, 2020
Target Raise
$25.00K-$30.00K
Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $180. They will owe you this amount by 1/1/2027, regardless of revenue.

Company Description

I Eaze Eats Express Wraps and Smoothes is a "delivery only" option kitchen (launching first location in Providence RI beginning of August) that services and operates to its customers through a "Cloud Kitchen" model. We cook quality, healthy quick-serve meal options, delivered with the touch of a button to reduce overhead costs and create delicious efficiency every step of the way. 

One day my nose "caught" my mother making something in the kitchen that grabbed my attention. I asked her what she was making, she replied and said oh it a wrap with some leftover thanks giving meats and stuff, nothing crazy; I have a meeting and I'm starving but I don't want to make a big ol' plate to go so I made it into a wrap". The wrap contained a bed layer of mashed potatoes, Mac and Cheese, Roasted Turkey, and Ham all in a wrap.

I started to think, what if we take this idea and put this with what comes to mind to make great healthy tasting wraps?! (Ex: Philly Cheese-Steak Wraps, Fried Chicken & Mac Wraps, Chicken Stir Fry wraps and so on).

I took the idea and ran with it and launched I EAZE EATS - Express Wraps and Smoothies.

Use of Proceeds

  • Equipment Purchasing : $14,200
  • Staffing: $5,000
  • Purchasing Goods: $4,000
  • Operations Cost (POS Systems, Banking Needs, Etc...): $3,000
  • Marketing: $2,000
  • Mainvest Compensation: $1,800

Management Team / Advisory Board Bios

Christian Cameron-Haskins
Founder

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $180. They will owe you this amount by 1/1/2027, regardless of revenue.

Amount Raised : $1,500
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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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