Tipsy Cupcakes

Tipsy Cupcakes

Tipsy Cupcakes is seeking investment
to renovate our location.

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
RICHMOND, MA
Expected Close Date
July 08, 2022
Target Raise
$10.00K-$50.00K
No. Investors
66
Security Price
$1
Investment Multiple
1.5×
Business’s Revenue Share:
0.7%-3.5%
Securitization
None
Maturity Date
March 31st, 2028
Number of Employees
2
Cash
$0
Revenue
$70,141
Short Term Debt
$0
Cost of Goods
$19,901
Long Term Debt
$0
Net Income
$2,022

Management Team / Advisory Board Bios

Shavondi Cousins
Co-Owner
Shavondi attended Virginia Commonwealth University and ITT Technical Institute and has a degree in Computer Networking. Shavondi moved on to work in Corporate American for over 14 years where she developed great skills working with people. However, food has always been her passion and after growing up in poverty with a family full of cooks and learning about food over the years she realized it was the right direction. After her son was born, she decided to create a legacy for him to have a better life. So alongside her sister, they developed a plan where they combined their skills and food knowledge to create an idea that was new and creative to the Richmond area. But they didn't just want a typical cupcake shop, they wanted one that would demonstrate who the are and speak to the black community as well. Tipsy Cupcakes RVA was born!


Charmesha Cousins
Co-Owner
Charmesha is an alumni from the University of Virginia with a Bachelors Degree in Sociology and African American studies. After college, Charmesha acquired a job in Corporate America but never felt that she was fulfilling her purpose. Charmesha created Tipsy Cupcakes RVA with her sister, Shavondi after locking themselves in a car for three hours to come up with an idea that would make them entrepeneurs. After 3 hours, Tipsy Cupcakes was born. Alongside her sister, Charmesha has been able to create brand awareness, a strong customer following and the newest accomplishment, moving to the Carytown area to become a full time entrepreneur.
Amount Raised : $15,000
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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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