WhoaStir Coffee

WhoaStir Coffee

Food Truck

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$50
Location
Pomona, NY
Offering Date
December 17, 2020
Expected Close Date
February 24, 2021
Target Raise
$50.00K-$100.00K
Deal Notes

If you invest $500, the business agrees to share a portion of their revenue until you have been repaid $700. They will owe you this amount by 1/1/2027, regardless of revenue.

Company Description

WhoaStir Coffee is positioning itself outside the coffee shop spectrum by creating a new market segment. We are a coffee laboratory, open for people to see what's on the bleeding edge of coffee, and to find out how it tastes. Hint: it's really good

Key Deal Facts

Consistency - measurable, objective data drive best practices and allow for quality control in coffee making at WhoaStir.
Convenience - Our mobile business platform and online ordering allow us to go where the market goes.
Culture - Our culture revolves around the ethical treatment of all people, including those that grow and pick the coffee we drink.
Quality - from the quality of the green coffee bought and roasted by Cat & Cloud, to the QC integration at WhoaStir, the standard is high. Our coffee is made by hand, by people who care.

Use of Proceeds

  • Purchase mobile platform: $45,000
  • mobile platform buildout: $8,000
  • capital equipment: $32,500
  • location/administration fees (6 months): $2,500
  • prepaid insurance: $2,000
  • opening inventory : $2,000
  • advertising/promotion (custom vehicle wrap): $2,000
  • Mainvest Compensation: $6,000

Management Team / Advisory Board Bios

Jonathan Bonilla-Bowman
Owner
BA - Psychology from Hofstra UniversityNCAA Div I WrestlingProfessional Kickboxing (Glory World Series, Combat at the Capitale)Professional MMA (Bellator MMA)Substitute teacher/ Assistant wrestling coach(East Ramapo Central School District)

Deal Notes

If you invest $500, the business agrees to share a portion of their revenue until you have been repaid $700. They will owe you this amount by 1/1/2027, regardless of revenue.

Amount Raised : $350
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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.

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