Vegan Soul

Vegan Soul

Vegan Soul is a vegan food business that has robust choices for the entire family. The goal in creating Vegan Soul was to make vegan food more available and desirable. Mae Gaines, chef and owner, is changing what people think about vegan food by transforming just about any meal into an all plant-based version and prides herself on the motto “whatever you can cook, I can make it vegan”. Vegan Soul’s customers say that Mae's soul food is guilt-free. Not only does it help Mae's guests transition from eating meat but it also inspires a creative new way of cooking withou...

Min investment
$—
Goal
$15K-$50K
Days Left
31
Location
Boise, ID

CrowdLustro Research Report

Security Type
Secured Loan
Secured debt is debt backed or secured by collateral to reduce the risk associated with lending. If the borrower on a loan defaults on repayment, the debt holder can seize the collateral, sell it, and use the proceeds to pay back the debt. Assets backing debt or a debt instrument are considered as a form of security, which is why unsecured debt is considered a riskier investment than secured debt.
Industry
Food & Bev
Filed
March 24, 2021
Expires
May 18, 2021
Deal Structure

Interest Rate 12.00%

 Payments Monthly, disbursed to investors quarterly

 Maturity 42 months 

Use of Proceeds

Food trailer, fully equipped with appliances $20,000-$40,000

Building a commissary kitchen $5,000

Management

About the Owner
Mae Gaines
Mae Gaines is the sole owner of Vegan Soul in Boise, Idaho. After moving to Idaho and becoming vegan, the California native recognized there was a lack of vegan food in the Boise Idaho area, so she created Vegan Soul. Vegan Soul is the only vegan soul food business in the state. Since its first day of sales, Mae has won an award from PETA for being one of the best tastings in the nation for vegan soul food.

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