Cabo Vegan (1)

Cabo Vegan (1)

Cabo Verdean Vegan Restaurant

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
Boston, MA
Offering Date
February 26, 2021
Expected Close Date
May 05, 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 $160. They will owe you this amount by 1/1/2028, regardless of revenue.

Company Description

Cabo Vegan was launched by Tome & Valery Andrade in the midst of the COVID-19 pandemic, after being released from their jobs. A long time dream turned into reality when they went viral during their soft opening.

Our mission is to be the loving, passionate beacon of light for veganism through our vegan / plant-based restaurant, serving traditional Cabo Verdean Vegan Cuisine, with love as the main ingredient.

Perks

$1,500 - 10% off all items for 2 years - A token of appreciation for believing and investing in our success. Receive 10% off of all order for the first 2 years of the note. Receive a complimentary Cabo Vegan Tshirt.

Key Deal Facts

Our love for life is the driving force for everything we stand for
We are passionate about sharing facts about the cruelty of animal agriculture and it's effects on our enviroment
With great emphasis on the power of plants, we provide tasty, nutritious plant based meals while sharing all of the healthy benefits of veganism
With an already established base and rapidly growing demand for vegan food, we plan on being the satellite for veganism in the south shore
Due to a lack of vegan eateries in the South Shore, vegans tend to travel quite a bit. We have local customers but also have many customers who travel from as far out as New Hampshire, Rhode Island, Fall River, New Bedford and surrounding towns just to purchase our tasty food

Use of Proceeds

  • Equipment: $25,000
  • Furniture and Fixtures: $14,100
  • Build Out: $31,400
  • Mainvest Compensation: $4,500

Management Team / Advisory Board Bios

Tome Andrade and Valery Teixeira
Co-Founders
Valery & Tome are a soon to wed vegan couple out of the Boston/Brockton area. The love for their culture and food inspires them to mimic/recreate the dishes that they so longed for, after becoming vegan.

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $160. They will owe you this amount by 1/1/2028, regardless of revenue.

Amount Raised : $75,000
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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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