Pure Green Franchise

Deal to Watch
BETA

One of the fastest-growing juice and smoothie bar franchises in the U.S.

Analytics

Raised to Date: $1,070,000

Aggregate Commitments $
Platform

Republic

Start Date

02/04/2020

Close Date

08/18/2020

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Series A

Valuation Cap

$12,000,000

Discount Rate

10%

Weekly Commitments $
Status
Funded
Reporting Date

08/30/2020

Days Remaining
Funded
% of Min. Goal

4,280%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$5,459

# of Investors

5,099

Momentum
Funded
Location
Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Business Type

Life Style

Pure Green Franchise, with a $12 million valuation cap, is raising funds on Republic. It is a juice bar franchise that makes superfoods easily accessible to people through its handcrafted menu. The menu of Pure Green Franchise includes cold-pressed juice, cold-pressed juice shots, acai bowls, pitaya bowls, superfood smoothies, and superfood-infused oatmeal bowls. The company was founded by Ross Franklin in August 2019 and has raised over $1.7 million since its founding. The current round of crowdfunding has a minimum goal of $25,000 and a maximum goal of $1,070,000, and the funds will be used to scale the business with the target of reaching 50 franchise locations by the end of 2020. Pure Green Franchise is a nationally recognized brand in over 30 states and has 5 Pure Green retail locations in New York City. The company generated total revenue of more than $3 million in 2019.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$2,692,030

$2,660,207

COGS

$960,210

$783,098

Tax

$11,411

$8,425

 

 

Net Income

$29,197

$21,558

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$19,725

$21,543

Accounts Receivable

$4,524

$4,804

Total Assets

$46,151

$108,505

Short-Term Debt

$11,411

$8,425

Long-Term Debt

$118,963

$0

Total Liabilities

$130,374

$219,689

Ratings

last updated 08/30/2020

Research

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