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Security Type
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Debt
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Categories
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Food & Bev
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Expected Close Date
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September 25, 2023
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Target Raise
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$30.00K-$62.15K
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No. Investors
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2
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Security Price
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$5
- Number of Employees
- 5
- Cash
- $0
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $0
Company Description
Salad Club is a hearty salad subscription service that offers weekly delivery to members and subscribers. Salad Club currently operates online only, serving delicious and fresh salads, soups, juice, snacks, desserts, and breakfast items. Our core offering and mission is to offer a healthy and balanced menu.
Key Deal Facts
Launched in 2020, Salad Club is a profitable business and has more than doubled revenue YOY!, Salad Club has been featured in Midwest Living Magazine with a 6-page spread!, Sarah is a veteran entrepreneur and is the founder of Love Your Fats personal chef business.
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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
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.