Haw River Mushrooms

Laura and Ches are scaling up their value-added mushroom products - mushroom jerky, “crab cakes,” coffees, salts, and frozen soups for everyone!

Print
Claim My Business
Security Type
Other
Categories
Other
Location
GRAHAM, NC
Expected Close Date
November 27, 2023
Target Raise
$35.00K-$75.00K
No. Investors
11
Security Price
$1
Number of Employees
21
Cash
$-6,537
Revenue
$456,020
Short Term Debt
$253,784
Cost of Goods
$92,720
Long Term Debt
$459,292
Net Income
$-62,644

Company Description

Haw River Mushrooms, LLC, owned by Laura & Ches Stewart, is an innovative North Carolina mushroom farm based in Saxapahaw, North Carolina. The Stewarts have been growing specialty culinary mushrooms since 2012, growing their business from a hobby farm to a source of full-time employment for themselves and 21 employees - totaling over 6 full time equivalencies.

Key Deal Facts

Recipient of 2 National Specialty Foods SOFI Awards for Best Plant-Based Foods - an award shared with large companies the likes of Patagonia Provisions!, Entrepreneur of the Year - Alamance Chamber of Commerce 2022, Recipient of Good Food Awards Honorable Mention (an annual award for American craft food producers)

Amount Raised : $74,920
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Research Reports

No reports have been submitted

Become a Reporter

0 Comments