ELI TEA BAR

ELI TEA BAR

Tea Room

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Security Type
Revenue Sharing
Categories
Retail
Min Investment
$100
Location
Chicago, IL
Offering Date
October 08, 2021
Expected Close Date
December 03, 2021
Target Raise
$100.00K-$200.00K
Security Price
$1
Website
eliteabar.com/

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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