Tea Room

Claim My Business
Security Type
Revenue Sharing
Min Investment
Chicago, IL
Offering Date
October 08, 2021
Expected Close Date
December 03, 2021
Target Raise
Security Price

Company Description

Greetings we are raising additional capital for a second store! Eli Tea Bar is a specialty tea shop and sober bar with late-ish hours. We offer over 100 teas from around the world, tea lattes, kombucha, and bubble tea too. I am extra excited for this store and can’t wait for you to see the space. There will be seating for 50 and we will even have a mini stage in the back.

Key Deal Facts

Sober Late Night Space
Drag Bingo
Vegan bubble tea
Kombucha on Tap
Launching a festival team 2022
Indian Style Chai

Use of Proceeds

  • Inventory expansion: $160,000
  • Operating capital: $28,000
  • Mainvest Compensation: $12,000

Management Team / Advisory Board Bios

Elias Majid, Founder

Brian Madej, Chicago Store Manger

Elizabeth Arrnott
PR Manager

Marshall Ross
Wholesale Sales Rep
Amount Raised : $54,300
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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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