Glow Worm Play Cafe (1)

Glow Worm Play Cafe (1)

Indoor Play. Caregiver lounge. Cafe

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Security Type
Revenue Sharing
Categories
Retail
Min Investment
$100
Location
Louisville, KY
Offering Date
June 09, 2021
Expected Close Date
August 09, 2021
Target Raise
$20.00K-$75.00K
Security Price
$1

Company Description

Louisville's first play cafe, where a coffee shop meets an indoor playground for kids 6 and younger. Parents can connect over locally made food and beverages, while children play in our nature-inspired play areas.

 

Key Deal Facts

Play is crucial for developing children, and Glow Worm will provide a safe, clean, fun environment where children 6 and younger can let loose while their caregivers connect in our lounge area.
The Barret Ave Corridor, where our cafe is located, is experiencing a revival and needs the promotion of community, connectivity, and yummy treats and drinks to pair it with. To contribute further to the revival, we are creating jobs for folks in our community.
We aren't just for parents. Our cafe, bakery, and many of our community classes and events are open to everyone and we are welcoming and inclusive to all who would like to visit our cafe.

Use of Proceeds

  • Space Build-Out: $50,000
  • Mainvest Compensation: $4,500
  • Operating Capital: $20,500

Management Team / Advisory Board Bios

Katie Read, Chief Dream Maker
With 10+ years working in creative industries, from web design to marketing to video production, I have consistently been passionate about one thing: connection within our communities. After I became a mom in 2017, this passion and desire only became stronger. I continued to work full time as a web & creative project manager, and began to build a network of local moms to connect with. I also started a retail pop-up shop with ethically made clothing for kids. In an effort to find a way to marry the mom group and the retail shop, I came up with Glow Worm Play Cafe: a place for parents and caregivers to bring their little ones while they connect with other adults. My strong marketing background as well as being a people-person both help me to naturally find ways to connect with other people, and sell my ideas to our community with ease.
Amount Raised : $27,100
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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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