Earth, Wind & Books

Earth, Wind & Books

Coffee & Brunch Bookstore

Earth, Wind & Books: coffee and brunch is the ideal meeting space for young book lovers and coffee drinkers. We offer a way to relax and browse books with the addition of hot coffee and pastries. As we are different among the 300 bookstores in the state, Earth, Wind & Books will identify as a black-owned independent bookshop. This is relevant in that we will be 1 of the 6 bookstores across the state and 125 in the country to represent diverse reading. Our goal is to push underrepresented books to be more accessible, visible and promoted.

View on Mainvest
Security Type
Revenue Sharing
Industry
Hospitality
Min Investment
$100
Location
Dallas, TX
Offering Date
June 24, 2021
Expected Close Date
August 16, 2021
Amount Raised
$6,700
Security Price
$1

Use of Proceeds

  • Renovations: $25,000
  • Lease: $19,000
  • Furniture: $12,400
  • Mainvest Compensation: $3,600

Management

Kimari Hodges, Owner
Kimari is an ambitious 22 year-old applicable to run this business. With broad experience in the coffee/bookstore industry, she knows that owning one is a vital convenience for the community. As she has spent many years as a medical diagnostic, biochemical and infrared analyst, Kimari is well-suited in knowing how and what to research for anything. Working as a laboratory researcher for real-world applications within a rising company, she has adopted many skills that include communication and net-working. Becoming a co-author for many publications, Kimari has also become resourceful in understanding the workings behind producing books to help with moving forward in the book industry.

Research Reports

No reports have been submitted

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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.

Key Deal Facts

We believe that bookstores are the cornerstones of civil, creative and healthy communities. Building in a way that brings like-minded individuals together, Earth, Wind & Books will be a destination to connect locals. A physical space is needed as it serves a physiological purpose that ecommerce bookstores such as Amazon cannot replicate.
We have set in place some strategic goals to stay relevant during our down seasons. These goals include partnering with local nonprofit foundations to raise benefits for low-income, k-12 reading and tutoring.
Earth, Wind & Books will hold multiple events centered around charity, book reads, holidays, etc. to bring in numerous customers across the Dallas Metroplex. With our strong team and customer service, we will gain customers and keep them.

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