Sip + Co

Sip + Co cafe is expanding to its second location!

Print
Claim My Business
Location
NEW YORK, NY
Expected Close Date
December 15, 2023
Target Raise
$40.00K-$850.00K
No. Investors
10
Security Price
$1
Website
sipandco.co/
Number of Employees
13
Cash
$109,266
Revenue
$1,500,419
Short Term Debt
$0
Cost of Goods
$555,107
Long Term Debt
$0
Net Income
$139,488

Company Description

Nestled in the heart of Midtown Manhattan, our café is a haven for those seeking the comfort of fresh, meticulously prepared food, the invigorating aroma of specialty coffee, and the indulgent sweetness of house-made pastries and desserts. We take pride in sourcing high-quality, fresh ingredients that are transformed daily into a variety of culinary offerings that cater to the bustling New York crowd.

Key Deal Facts

Sip + Co is a café that roasts its own coffee, offers a variety of house-made pastries, and ensures that all items are freshly made to order for their customers., Sip + Co experienced a surge in growth, with a 108% increase in year-over-year revenue from 2021 to 2022, Sip + Co has over 360+ Google reviews with an average rating of 4.6
Amount Raised : $1,200
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

Research Reports

No reports have been submitted

Become a Reporter

0 Comments