Upwardly Mobile Coffee

Upwardly Mobile Coffee

Food Truck

Security Type
Revenue Sharing
Min Investment
Oklahoma City, OK
Offering Date
July 12, 2021
Expected Close Date
September 15, 2021
Target Raise

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.
Amount Raised : $40,000
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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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