Avid Vines

David is raising funds to grow operations and expand Avid Vines' offerings!

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Location
ATLANTA, GA
Expected Close Date
January 21, 2024
Target Raise
$25.00K-$55.00K
No. Investors
11
Security Price
$1
Website
avidvines.com
Number of Employees
1
Cash
$3,291
Revenue
$9,175
Short Term Debt
$31,436
Cost of Goods
$12,819
Long Term Debt
$67,260
Net Income
$-47,460

Company Description

Avid Vines is an importer of small allocation, high quality Champagnes and still wines principally from France and Europe. It is a platform that serves three stakeholders: consumers who desire certified sustainable and organic wines that leave them cleanly with no regrets; producers who appreciate the chilled containers exclusively used that protect these delicate wines at 57F over the most dangerous portion of the journey to a glass; and, the trade, especially those willing to assist with telling the wines' stories to patrons.

Key Deal Facts

Certified Sustainable and Organic Wines: Avid Vines specializes in importing small allocation, high-quality Champagnes and still wines, with a focus on certified sustainable and organic options. This commitment reflects a dedication to providing consumers with wines that align with their values and leave them with a sense of satisfaction., Innovative Response to Challenges: Avid Vines demonstrated resilience during the challenges of the pandemic by adapting and embracing virtual, online tastings. The company not only maintained key relationships but also established a direct-to-consumer capability, showcasing its ability to navigate disruptions and evolve with changing market dynamics., Social Responsibility and Community Engagement: Avid Vines goes beyond business success by actively contributing to social causes. The company donates 1% of its net income to The Giving Kitchen, supporting the food service industry. Additionally, there is a commitment to fostering entrepreneurship globally, as seen through contributions to unbanked owners and projects via KIVA.org. The involvement in organizations like the French American Chamber of Commerce and leadership roles in the Entrepreneurs’ Organization underline a broader commitment to community and international alliances.
Amount Raised : $1,420
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