Wine Shop

Wine Shop

Wine Shop is seeking investment
to fund new projects & build an outdoor space.

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
NEW ALBANY, IN
Expected Close Date
March 31, 2023
Target Raise
$30.00K-$75.00K
No. Investors
66
Security Price
$1
Investment Multiple
1.5×
Business’s Revenue Share:
1.5%-3.8%
Securitization
None
Maturity Date
December 31st, 2028
Number of Employees
2
Cash
$0
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$0

Company Description

New Albany has a strong food and beverage presence. New additions must have a
vision and aesthetic as unique and diverse as the people who live here. A "hidden", New Orleans inspired patio garden is the next step is the perfect addition to the growing culture.

Management Team / Advisory Board Bios

Lauren VanCleave
Co-owner
Lauren VanCleave, is the daughter of three generations of local restaurant owners and a CEO of Louisville’s first co-working space dedicated to growing the startup ecosystem in our city and bringing accessibility and equity into our startup community. Through this experience she earned her entrepreneurial stripes, learning lessons about scalability, fundraising, building a team, and an inspiring brand, but most importantly how to build community.

Lauren was just voted Southern Indiana Business 20 under 40


Jason Searby
Co-owner
Jason Searby, has over 15 years in launching, training, and operating high volume retail operations making him uniquely qualified and prepared for the work needed to build, open and sustain a successful business for the long haul.
Amount Raised : $31,400
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Valuation

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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