The Farmer's Cow Calfe & Creamery

Local Ice Cream & Light Fare in a Fun Atmosphere

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Security Type
Debt
Categories
Hospitality, Retail, Sustainability, Food & Bev
Min Investment
$250
Location
Norwich, CT
Offering Date
May 25, 2021
Expected Close Date
April 30, 2022
Target Raise
$50.00K-$1.00M
No. Investors
121
Security Price
$1
Valuation
$5,000,000
Number of Employees
4
Cash
$4,047
Revenue
$616,202
Short Term Debt
$135,667
Cost of Goods
$241,780
Long Term Debt
$895,693
Net Income
$-238,717

Company Description

In 2005, six Connecticut, family-owned dairy farms started The Farmer’s Cow to bring our products to the public, to educate people about local farming and to ensure farmland preservation. Although we host farm tours each year, we needed a place for people to visit us everyday! So we decided to open a café. But, it couldn’t just be a café, we’re dairy farmers, it needed to be a Calfé. Breakfast, lunch or dinner including soups, panini and wraps made with fresh local ingredients. Scooping all flavors of fresh, local The Farmer’s Cow Ice Cream plus Sundaes, Floats & other sweet treats.

 

Amount Raised : $172,517
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Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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