Debt Opportunity
Open to Investors
Teton Bagel

Teton Bagel

Teton Bagel is seeking investment to open a location in Rexburg; serving fresh homemade bagels, teas, coffee and more.

Working on a farm here in Idaho has taught me a lot about the Earth, its people and the animals that we care for here. I've been able to be a part of growing some of the freshest foods and cleanest wheat to use in our baking.

daho is known for its rough peoples, farmers and ranchers, but even a farmer can't turn down fresh baked goods. Its definitely an odd place for a bagel shop, but that's why its perfect. Every farmer that has tried a Teton Bagel has given us...

Deal
Min investment
$100
Amount raised
$2,400
Goal
$30K-$60K
Days Left
58
Location
Rexburg, ID

CrowdLustro Research Report

Security Type
Revenue Sharing
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.
Industry
Food and Bev
Filed
February 12, 2021
Expires
April 28, 2021

Use of Proceeds

  • Kitchen Equipment : $20,000
  • Mainvest Compensation: $3,600
  • Building Renovation and Supplies: $36,400

Management

Ryan
Owner
My name is Ryan! I live in a small town called Menan, ID. I grew up in various parts of the world as my father's career took us to Africa for the majority of my teenage years. Throughout my travels, I learned to connect with people and learn what makes them happy (most of the time over food).My mother was a culinary arts teacher that taught me everything I know about food. We would always bake together and experiment with new recipes, creating our own and baking some pretty awful batches along the way.I grew up loving cooking and baking and took that with me when I left home. I would always cook for myself and friends and one day cooked my first meal for my now wife and best friend, though I never thought about turning it into a business.My wife, Dalton, and I moved to Phoenix, AZ together where I took a job at a small business in the tech industry. I learned so much about running small businesses and working with a great group of motivated people. I soon left and starting my own business. We started with nothing but soon grew into a thriving business!Near the end of 2019, I made a poor investment decision in the business and it ended up costing us everything. We closed down and moved to Idaho with only a few dollars to our name. The one thing that got me through the transition, however; was baking. I made bread and bagels and made amazing sandwiches and shared them with family and neighbors.People kept asking for my bagels every week. So I made more and more and it made me happier than I have ever been; to make food for others and have them enjoy it. I learned a lot about business from my past ventures and mistakes, much like my baking, and now I can put those two together and create my restaurant.I believe that failure makes us reflect more on ourselves in the process of knowing who we are and what our goals are in life. I've learned so much in these past 6 years and know that I have finally found my passion.

Deal Structure

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 1/1/2026, regardless of revenue.

Deal Perks

  • Free T-Shirt Invest $100 or more to qualify. - Get your one Teton Bagel shirt for supporting our new business! T-Shirt includes our logo.
  • Teton Bagel Mug Invest $500 or more to qualify. - Receive our Teton Bagel Mug and T-shirt. Both include our logo!
  • 50% off everything Invest $1,000 or more to qualify. - Receive 50% off any meal in the store for an entire year (August 2021 - August 2022). Choose what you what, when you want!
  • Part of the Family Invest $10,000 or more to qualify. - For the amazing generosity, we would welcome you to our family. Eat free whenever you'd like. Its on the house.

Research Reports

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Key Deal Facts

All our food is locally grown and harvested without the harsh chemicals. It's fresh and you can tell!
Our beef is raised humanely and without cruelty. That means no hormones, free range, grass fed and loved.
We also don't use equipment, besides an oven, when baking. Everything is handmade; every step of the way.

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