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Security Type
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Revenue Sharing
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Categories
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Hospitality
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Min Investment
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$100
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Location
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Oklahoma City, OK
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Offering Date
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July 12, 2021
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Expected Close Date
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September 15, 2021
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Target Raise
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$10.00K-$40.00K
Company Description
Upwardly Mobile Coffee is an environmentally sound, socially conscience, minimal-waste venture. I will sell nitro cold brew coffee, cold brew coffee, and espresso drinks, as well as donuts, and cinnamon rolls in a fully electric three-wheeled food truck, focusing on event squares and places with busy foot traffic in prime commute hours.
Key Deal Facts
For every dozen of donuts that I sell, I will give a dozen to the homeless. Anyone needing food can ask me at the food truck for some help, no questions asked, and I will help.
My business is scalable, with the potential to open a commercial canning operation. My goal is to hire from the homeless first, to give others the same leg up I had.I will use the spent coffee grounds to culture and harvest mushrooms (oyster and shiitake) in grow bags for sale direct-to-consumer and restaurants, the growing scale should rapidly require hiring part-time workers and develop full-time opportunities for the homeless
I will pay a living wage to all hires, and endeavor to help them secure solid health insurance and housing.
Use of Proceeds
- Purchase of Food Truck: $12,000
- Equipment : $6,800
- Container Build for Commissary : $18,800
- Mainvest Compensation: $2,400
Management Team / Advisory Board Bios
Matthew, Owner
I trained as a chef but was never able to work in the field due to Autism-related Food Aversions. In 2019, I was homeless for most of the year, living in a shelter. I was given a second chance at life, and I want to pay forward the blessings that I have been given. That's why Upwardly Mobile Coffee is such a passion for me, it's an opportunity to find myself and establish a level of financial stability that I've never had before.I am dedicated to helping people in similar straights that I found myself two years ago.
