Cafe Rose

Cafe Rose

A Coffee & Wine Bar

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Security Type
Secured Loan
Categories
Food & Bev
Min Investment
$100
Location
Austintown, OH
Offering Date
April 26, 2021
Expected Close Date
June 21, 2021
Target Raise
$20.00K-$50.00K
Deal Notes

Price per share: $1.00

Company Description

At Café Rosé, we support local coffee roasters and wineries by creating a convenient one-stop shop for coffee and wine lovers while also bringing in new flavors from across the state and nation for our customers to discover - all the while supporting the entrepreneurs, farmers, and people of the valley. Whether you are visiting us for your morning rush to work cup of coffee or a glass of wine to enjoy with good friends, we hope you'll find Café Rosé a safe space to work, gather, and celebrate.

Key Deal Facts

Net Profit for the first year in operation projected to be $58,224
Debt free start up
Austintown natives bringing the first business of it kind to life

Management Team / Advisory Board Bios

Leah Sakacs, Owner
Austintown native. Earned her masters in applied anthropology and California State University Long Beach while serving the Air Force Reserves. Currently serves as President of the League of Women Voters of Greater Youngstown.

Amanda Evans, Co-Owner
Austintown native. Earned Bachelors in Hospitality Management from Youngstown State University. Active member of Disney Program Alumni Association.

Deal Notes

Price per share: $1.00

Amount Raised : $0
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Security Description

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.

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