The Good Mineral Company

Empowering people to look their best 'today' no matter their skin condition

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Security Type
CAFES
Categories
Other, Retail, Consumer Goods & Products
Min Investment
$100
Location
Billings, , MT
No. Investors
40
Website
thegoodmineral.com

Key Deal Facts

89%-94% Gross Profit Margin
4.5X Growth in 2024 DTC
25% Customer Return Rate (coming back for more every month)
Unique Proprietary Formulas
5-Star Customer Reviews for products and customer service
Established Taiwan manufacture partners and
USA-based 3PL (3rd Party Logistics)
$65 Average Order Value
7000+ orders processed through Shopify and Amazon - $270k in revenue ($133k in the last 6 months)

Management Team / Advisory Board Bios

Ego Iwegbu CEO & Co FounderFounder, entrepreneur and owner of 9 salons. Author, Mathematics graduate, Brand creator, Customer service expert, Moneymaker, Mother of 2 teenage boys. Ego managers all paid ads, SEO, social media, fund raising and retailer pitching., Rebecca LunnInventory & Customer Service ManagerNothing gets past Rebecca! 5-Star customer service rating and every stock issue noticed, monitored and sorted without exception.

Rebecca manages the Amazon account, ShipBob account, Customer Service comms, Shopify Orders and weekly Customer emails.
Amount Raised : $65,644
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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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