Upwardly Mobile Coffee

Upwardly Mobile Coffee

Food Truck

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.

View on Mainvest
Security Type
Revenue Sharing
Industry
Hospitality
Min Investment
$100
Location
Oklahoma City, OK
Offering Date
July 12, 2021
Expected Close Date
September 15, 2021
Amount Raised
$400

Use of Proceeds

  • Purchase of Food Truck: $12,000
  • Equipment : $6,800
  • Container Build for Commissary : $18,800
  • Mainvest Compensation: $2,400

Management

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.

Research Reports

No reports have been submitted

Become a Reporter

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

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.

0 Comments