Boseco Inc.

Coffee "Uber" for Starbucks Lovers with Mobile E-bike Coffee Shops

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Security Type
CAFES
Categories
Technology, Financial Services, Retail
Min Investment
$100
Location
San Jose, CA
Expected Close Date
April 30, 2023
Target Raise
$150.00K-$1.07M
No. Investors
315
Security Price
$1
Number of Employees
5
Cash
$138,412
Revenue
$402,114
Short Term Debt
$337,173
Cost of Goods
$113,047
Long Term Debt
$0
Net Income
$-276,590

Company Description

🚀🔥$600K in total revenue
💸1100% revenue growth in the past 2 years
🔥💰Founders have completed 8 exits: their businesses generated over $200 million in total revenue
🔥💸While this forecast cant be guaranteed, Boseco forecasts $440 million revenue
⚡️Technology built and rolled out with patents in progress
🔥Currently selling 1.2 million cups of coffee per year
🔥💲Founders invested $1 million of own funds into the company
🌎Enormous $465 billion coffee market for $90 billion disruption

Key Deal Facts

🚀🔥$600K in total revenue
💸1100% revenue growth in the past 2 years
🔥💰Founders have completed 8 exits: their businesses generated over $200 million in total revenue
🔥💸While this forecast cant be guaranteed, Boseco forecasts $440 million revenue
⚡️Technology built and rolled out with patents in progress
🔥Currently selling 1.2 million cups of coffee per year
🔥💲Founders invested $1 million of own funds into the company
🌎Enormous $465 billion coffee market for $90 billion disruption

Use of Proceeds


$150,000
55% towards Research and Development (manufacturing, hardware and software development, equipment, patents, testing, application, engineering salaries etc.)
25% Payroll and other operational  expenses 
12.5% towards Marketing (social media and other PR related costs) 
7.5% Wefunder fees




$1,070,000
42.5% towards Research and Development (manufacturing, hardware and software development, equipment, patents, testing, application, engineering salaries etc.)
30% Payroll and other operational  expenses 
20% towards Marketing (social media and other PR related costs) 
7.5% Wefunder fees






Amount Raised : $664,862
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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