usefull

Adriana is opening the first refillery and zero waste retail store in Dallas!

Print
Claim My Business
Location
IRVING, TX
Expected Close Date
December 17, 2023
Target Raise
$25.00K-$30.00K
No. Investors
12
Security Price
$1
Website
usefullco.com
Number of Employees
1
Cash
$2,839
Revenue
$30,246
Short Term Debt
$1,626
Cost of Goods
$14,723
Long Term Debt
$1,500
Net Income
$-1,232

Company Description

usefull is a refillery and zero-waste shop that offers personal and home care essentials such as shampoo, soap and laundry detergent in a refill format. Customers can bring their own clean bottles and refill however much they want, and pay only for what they’ve refilled. The goal is to reduce plastic waste, which is polluting our oceans and filling up landfills. By facilitating the reuse of containers, we’re keeping plastic out of waste streams We also offer a consciously selected line of low-waste, plastic free products for everyday use that are hard to find in traditional stores, such as Swedish dishcloths, tooth tabs, zero-waste deodorant and more. Most people want to buy better and help protect our environment, but oftentimes they don't know where or what to buy. We make sustainable living easier and more accessible to our community by offering a one-stop-shop for eco-friendly, ethically sourced products. Our next big milestone is to open a brick and mortar retail shop that will allow us to offer a more complete selection of refills and zero-waste products, operate more days of the week, hold events and workshops, and serve our customers better.

Key Deal Facts

usefull has a returning customer rate of over 40%., In three years, usefull has helped customers divert over 4,000 plastic bottles from landfills and oceans!, usefull is currently profitable and expects to end 2023 with a profit.
Amount Raised : $29,500
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