Island Scoops

Ice Cream Shop

Security Type: Revenue Sharing
Categories: Food & Bev
Min Investment: $100
Location: Anna Maria Island, FL
Offering Date: November 24, 2020
Expected Close Date: February 10, 2021
Target Raise: $50.00K-$100.00K
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 1/1/2028, regardless of revenue.

Company Description

Island Scoops is located on Bradenton Beach, on the south end of Anna Maria Island. Island Scoops is a family owned and operated Ice Cream and Coastal Gift Shoppe on Anna Maria Island featuring 32 flavors of Sarasota's own Big Olaf Ice Cream and Lickity Splits Ice Cream from Lakewood Ranch. Come in and enjoy the biggest scoops on the island! Treat yourself to a scoop while watching the most beautiful sunset view on the island nightly. We are located directly across from Bradenton Beach.

Key Deal Facts

Donuts freshly made every day
Choose your donut style, flavor and toppings right at the counter
Specialty coffees
Sundaes, Milkshakes and Malts
Ice Cream Nachos
Ice Cream Cones, Bowls and Flights
Delicious Baked Goods

Use of Proceeds

Strategic Growth: $94,000
Mainvest Compensation: $6,000

Management Team / Advisory Board Bios

Walter Loos
Co-Owner

Julie Kirkwood
Co-Owner

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 1/1/2028, regardless of revenue.

Amount Raised : $300

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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.