VeganHood

Vegan Restaurant

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Security Type
Revenue Sharing
Categories
Food & Bev, Restaurants
Min Investment
$100
Location
NEW YORK, NY
Offering Date
November 23, 2021
Expected Close Date
January 28, 2022
Target Raise
$45.00K-$75.00K
No. Investors
95
Security Price
$1
Website
veganhood.net
Number of Employees
3
Cash
$0
Revenue
$107,318
Short Term Debt
$0
Cost of Goods
$18,550
Long Term Debt
$0
Net Income
$4,666

Company Description

Our mission is to become the first 100% plant-based restaurant and bar in Harlem giving customers healthy food options, a fun and safe place to dine and socialize without compromising their health or the taste of their food while also providing locals an employment opportunity in a safe, fun, and educational learning environment.

Key Deal Facts

Intentionally prepared meals that give customers a sense of familiarity and nostalgia with our herbs, spices, and sauces that are derived from Caribbean and American soul food cuisines.
Creative, fun, and memorable recipes, with names inspired by terms and places used in “the hood” such as, Ayo Gyro and What’s Good Smothered Chix’n, Bedstuy Shrimp Fry, and St. Nick Chix.
Taste and flavors irresistible to both vegans and non-vegans alike.

Use of Proceeds

  • Construction, Equipment, Decor: $45,000
  • Mainvest Compensation: $4,500
  • Working Capital: $25,500

Management Team / Advisory Board Bios

Lanise & Janine
Owners
Wives, Moms, Entrepreneurs, Lanise and Janine are Co-founders of Young Excellence Society a 501c3 not-profit organization based in Harlem, NYC, which focus on youth programs and services. COVID 19 forced Lanise and Janine to jump into action, when they were faced with having to close their program doors. Laying off their staff and displacing their youth was not an option. Lanise and Janine resorted to previous work experiences and their lifestyles as vegans. VeganHood was birthed to save the programs and keep the door open, all monies made went to the non-profit. VeganHood was also birthed to save the lives of individuals who lived in their neighborhood by providing an 100% plant-based food option, healthy teas, and seamoss, to help build up the immune systems of the people in their community. Lanise and Janine were also tired of experiencing great losses in their neighborhood due to COVID 19. Both with backgrounds in catering and fast-food services, certifications and trainings in food handling, in addition, to their passion to serve their community, it made it easy for Lanise and Janine to grow VeganHood into a tasty plant-base restaurant for a good cause.
Amount Raised : $50,800
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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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