-
Expected Close Date
-
December 17, 2023
-
Target Raise
-
$25.00K-$30.00K
-
No. Investors
-
12
-
Security Price
-
$1
- 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.