franzese wine

Wine from the world's earliest vineyards, sharing the Legacy of Michael Franzese

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Form C
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Security Type
CAFES
Categories
Alcohol
Min Investment
$100
Location
Rancho Cordova, CA
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$1.24M
No. Investors
259
Security Price
$1
Website
franzesewine.com
Number of Employees
3
Cash
$59,393
Revenue
$121,658
Short Term Debt
$42,438
Cost of Goods
$57,908
Long Term Debt
$545,348
Net Income
$-239,032

Key Deal Facts

We have over 1 million followers online and over 100 million views, with unique product
The wine industry has massive room for disruption
Wine and spirits companies can have solid potential exits based on forecast growth

Management Team / Advisory Board Bios

Samvel Hakobyan Co-Founder and CEOEntrepreneur since age of 10, Michael FranzeseCo-Founder 2nd biggest money maker in mob history after Al Capone, making $8M a week. Found God and turned life around, and now shares the story of Transformation across the world
Amount Raised : $452,817
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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