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Security Type
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CAFES
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Categories
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Retail, Financial Services, Food & Bev
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Min Investment
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$100
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$1.07M
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No. Investors
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369
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Security Price
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$1
- Number of Employees
- 1
- Cash
- $15,560
- Revenue
- $33,467
- Short Term Debt
- $3,025
- Cost of Goods
- $26,037
- Long Term Debt
- $0
- Net Income
- $7,535
Company Description
💰 ~$500K lifetime revenue
💸 25% MoM growth, ~1K patrons at carniceria monthly
🏅 Named Los Angeles' Best Taco in 2018, vendor at Coachella in 2017
📣 Chef featured in LA Times, NPR, SF Chronicle, VICE
✅ Expect to hit exponential growth after unlocking partnerships/retailers
📈 Vegan food market expected to be $162B by 2030
Management Team / Advisory Board Bios
Raul Medina CEOTurned from killing chickens in Mexico to making vegan meats for the Latinx market., Ravi Kurani COOBuilt the leading water sensor for safe water.
Reveal the Score by Voting
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The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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The value of the company compared to similar companies raising money from investors.
Valuation
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.