River Ridge Farm and Market

River Ridge Farm and Market

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Security Type
Debt
Categories
Food & Bev
Min Investment
$100
Location
MERIDEN, CT
Expected Close Date
January 21, 2022
Target Raise
$25.00K-$100.00K
No. Investors
61
Security Price
$1
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

With a combined sixteen years of organic vegetable farming experience in New England and abroad, Matthew and Dakota have purchased their forever farm, and are ready to build a producer-owned and a community-embedded local grocer.

Use of Proceeds


Cold Storage/ Walk in
$20,000

Coolers for kitchen
$3,500

Mainvest Compensation
$1,500 Total $25,000
Amount Raised : $27,600
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Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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