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Security Type
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CAFES
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Categories
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Alcohol, Retail, Food & Bev
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Min Investment
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$250
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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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54
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Security Price
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$1
- Number of Employees
- 1
- Cash
- $69,667
- Revenue
- $295,347
- Short Term Debt
- $66,302
- Cost of Goods
- $241,083
- Long Term Debt
- $585,000
- Net Income
- $-428,869
Key Deal Facts
π΄ World-class bartender team from bars including Broken Shaker, Raised by Wolves, and Katana Kitten
π₯Winner of Best in Show at San Francisco World Spirits Competition and Beverage Tasting Institute
π¨βπ€Artist-designed packaging captures consumer attention
π¨ Featured in WSJ, Eater, LA Times, Grub Street, Washington Post
π° 52% gross margins
π¬ Selling in Walt Disney World, Whole Foods, BevMo, Total Wine, and 300+ leading retailers
π $295k in revenue in 2021
π 309% Growth YoY from 2020 to 2021.
Management Team / Advisory Board Bios
Aaron Polsky CEOVinepair Spirits Professional of the Year.
Wine Enthusiast 40 under 40.
Eater Young Guns.
Food & Wine Tastemakers to Watch.
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The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
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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
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.
