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Roots & Vine Produce and Cafe

Roots & Vine Produce and Cafe

Early Stage

Connecting Farmers To People & Reconnecting People To Real Food

Connecting Farmers To People & Reconnecting People To Real Food

Overview

Raised to Date: Raised: $3,800

Total Commitments ($USD)

Platform

Buy The Block

Start Date

02/27/2020

Close Date

07/30/2020

Min. Goal
$35,000
Max. Goal
$68,700
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$20.00

Pre-Money Valuation

$215,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

08/01/2020

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$25

# of Investors

23

Momentum
Not Funded
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Year Founded

1969

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

CHICAGO, Illinois

Business Type

Life Style

Roots & Vine Produce and Cafe, with an estimated valuation of $215,000, is raising funds on BuyTheBlock. The company works as a cashless market at the convenience store level. It is connecting farmers to people and people to real food and is revolutionizing neighborhood convenience shopping. Roots & Vine Produce and Cafe was founded by Ena Jones and is growing through a franchise model. The minimum goal of the current crowdfunding round is $36,000 and the maximum goal is $68,700. Roots & Vine Produce and Cafe expects to grow at a fast pace and expects sales to be between $150,000 and $250,000.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$35,236

$2,300

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$5,400

Accounts Receivable

$35,236

$0

Total Assets

$0

$130,000

Short-Term Debt

$0

$0

Long-Term Debt

$54,000

$60,000

Total Liabilities

$54,000

$60,000

Financials as of: 02/27/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Roots & Vine Produce and Cafe 07/29/2020 Buy The Block $215,000 $3,800 Equity - Common Not Funded RegCF
Roots & Vine Produce and Cafe 07/12/2020 Buy The Block $215,000 $38,300 Equity - Common Funded RegCF
Roots & Vine Produce and Cafe 03/30/2020 Buy The Block $215,000 $38,300 Equity - Common Not Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Roots & Vine Produce and Café on Buy The Block
Platform: Buy The Block
Security Type: Equity - Common
Valuation: $215,000
Price per Share: $20.00

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