Los Jefes: Comida

Los Jefes: Comida

Family-friendly Mexican Restaurant

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
Plympton, MA
Offering Date
January 28, 2021
Expected Close Date
April 14, 2021
Target Raise
$50.00K-$75.00K
Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $170. They will owe you this amount by 1/1/2028, regardless of revenue.

Company Description

We're a pop-up serving our customers American-Mexican and Caribbean-Soul cuisine. After falling in love with homemade tortillas, we decided to start a culinary business that at it's core, focuses on serving fresh and completely handcrafted food from tortillas to sauces. Everything is made from scratch daily!

Key Deal Facts

Formed pop-up business in 2017.
Traveled all over the state serving at breweries, fairs, farmer's markets and private catering for a year and a half.
Created a unique following of dedicated supporters and followers.
Joined in a partnership to open a restaurant in Plymouth, MA in 2018.
Voted Best Mexican Restaurant in Plymouth in 2019 by Plymouth Area Events.
Voted Best Mexican Restaurant on the South Shore in 2020 by Wicked Local Readers Poll.
Dissolved partnership at the end of 2020.
Currently seeking funds for operating expenses for new take-out and bakery restaurant.

Use of Proceeds

  • Operating Capital and Equipment: $70,500
  • Mainvest Compensation: $4,500

Management Team / Advisory Board Bios

Nikki and Eduardo Miralrio
Chefs/Owners
Team MiralrioThis husband and wife team started their journey together back in 2006 when they met while working at a restaurant in Atlanta, GA. They took separate paths for a few years when Eduardo returned to his home in Mexico City. While back in his hometown, he studied under some of the cities' best chefs at renowned restaurants like Litoral and Catamundi. Nikki returned to her hometown in Massachusetts and started a home-based cookie subscription service, What's For Sweets. The two remained close friends, keeping in touch for several years while continued their respective culinary educations. Eduardo returned to the states in 2015 and married Nikki the following year. Both knew they wanted to start a food business together but they weren't certain of their creative direction until Eduardo made homemade tortillas for the first time for his new wife and family. When Nikki took her first bite of the freshly made, soft, and warm corn tortilla, she knew that this is what they should be making for people. They went all in to launch Los Jefes: Next Level Eats. The little pop-up took off from there, booking their first catering job at their first ever public event. They've continued to create a huge following of taco evangelists. With their eye continually on the prize of restaurant ownership and impecable work ethic, the two have found a beautiful location to house their dream. With your investment their dream can become reality.

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $170. They will owe you this amount by 1/1/2028, regardless of revenue.

Amount Raised : $71,900
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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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