BEM | books & more

BEM | books & more

BEM | books & more is seeking investment
to grow our team to expand operations and prepare to open a permanent brick & mortar home in Bed-Stuy, Brooklyn.

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Security Type
Revenue Sharing
Categories
Bookstore
Min Investment
$100
Location
BROOKLYN, NY
Expected Close Date
September 09, 2022
Amount Raised
$23,800
Target Raise
$15K-$50K
No. Investors
48
Security Price
$1
Investment Multiple
1.3×
Business’s Revenue Share:
2%-6.7%
Securitization
None
Maturity Date
June 30th, 2027
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

BEM | books & more is a literary destination at the intersection of food and Blackness. Established by two sisters in January 2021 as an online bookstore, we are proud to serve as a home for readers, writers, cooks, and eaters passionate about Black cultures in all their diversity. Taking an expansive approach to the nexus of food, literature, and culture, BEM celebrates Black food by bringing works of fiction, nonfiction and poetry for readers of all ages into conversation with cookbooks and culinary studies to explore how what feeds us defines us.

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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