Village Juice

We exist to make healthy eating taste as amazing as it is for you!

Analytics

Raised to Date: $177,670

Aggregate Commitments $
Platform

Republic

Start Date

12/30/2020

Close Date

04/23/2021

Min. Goal

$25,000

Max. Goal

$250,000

Min. Investment

$150

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$10,000,000

Discount Rate

10%

Rolling Commitments $
Status

Active

Reporting Date

04/11/2021

Days Remaining

9

% of Min. Goal

711%

% of Max. Goal

71%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,742

# of Investors

273

Momentum
warm
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Location

Winston-Salem, North Carolina

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Village Juice, with a $10 million valuation cap, is raising funds on Republic. The company is focused on licensing clean, nutritious, and quickly accessible food options to college campuses. The business is based on high-quality, delicious products made from fresh ingredients that will be offered as in-store, carry out, grab-and-go, and curbside pickup options. Nathan Atkinson, Lonnie Atkinson, and Clyde Harris founded Village Juice in 2014 and have raised over $1.2 million in previous rounds of financing. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $250,000, and the proceeds will be used for growth and expansion. Village Juice works on one of the few restaurant models positioned to grow post-COVID. The company has reported consistent growth in revenue from $600,000 in 2016 to $2.4 million in 2019.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$2,925,603

$2,351,135

COGS

$2,236,995

$1,714,592

Tax

$0

$0

 

 

Net Income

$-26,351

$-633,844

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$148,848

$34,653

Accounts Receivable

$26,360

$11,045

Total Assets

$1,080,550

$930,284

Short-Term Debt

$460,709

$810,372

Long-Term Debt

$1,299,977

$728,519

Total Liabilities

$1,760,686

$1,538,891

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