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Security Type
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Revenue Sharing
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Categories
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Restaurants
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Min Investment
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$100
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Location
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PHILADELPHIA, PA
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Expected Close Date
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April 03, 2023
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Target Raise
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$50.00K-$124.00K
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No. Investors
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54
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Security Price
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$1
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Investment Multiple
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1.5×
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Business’s Revenue Share:
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1.5%-3.7%
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Securitization
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None
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Maturity Date
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June 30th, 2028
- Number of Employees
- 2
- Cash
- $0
- Revenue
- $1,307
- Short Term Debt
- $0
- Cost of Goods
- $500
- Long Term Debt
- $0
- Net Income
- $177
Company Description
Baby’s is a friendly neighborhood café and market concept from the creators of the Filipino-American pop-up and supper club, Tita Emmie’s. Baby's will feature locally-sourced, sustainable produce and specialty ingredients with an emphasis on Filipino cuisine and culture. It will serve as not only a specialty market and café but also a community gathering place and cultivator.
Management Team / Advisory Board Bios
Raquel Dang
Chef + Owner
Raquel created Tita Emmie’s in 2018 with her husband Tam, a pop-up food concept in Philadelphia that she named after her mother. Tita Emmie’s is a nod to the nostalgic flavors of her childhood and showcases Filipino flavors from the perspective of a first-generation Filipina-American. The concept has since been featured in both TV and print. Outside of the culinary world, Raquel built a strong career in the pharmaceutical industry first as a consultant and eventually to Associate Director of Forecasting and Analytics at a Philly-based biopharmaceutical company. In April 2022, she left her corporate role to pursue her dream of turning Tita Emmie’s into a brick-and-mortar concept.
Tam Dang
Owner
Tam and his wife Raquel share a love for food, entertaining and culture which led them to develop Tita Emmie’s together in 2018. Tam is first-generation Vietnamese-American and his heritage has also been a source of inspiration for dishes they serve at their pop-ups. While Raquel is the chef, Tam curates the front of house experience for their guests and is always looking to redefine what conventional dining looks like. Tam is a 12-year military veteran, avid runner and all-around fitness enthusiast. He is currently serving as a firefighter in the US Air Force and prior to that taught survival training. Both Tam and Raquel are actively involved in their community and are co-founders of the non-profit Philly Solidarity which aims to foster solidarity between the AAPI community and other communities of color.