$26 Million in 2 years

USA

14% Raised

Short Summary

Soul Delicious LLC is an existing soul food restaurant business serving unique southern cuisine. We already have 2 established locations and will soon be adding a 3rd. My goal is to open up 100 franchises within 24 months (profit of ~US$26 million).

Overview

Target
Rs.70,00,00,000
Minimum
Rs.70,00,000
Investment Raised
Rs.10,00,00,000
Previous Rounds Rs.5,60,00,000
Stage Profitable
Investor Role Any

Highlights

  • Owner with 20 years' industry experience
  • 2 established and profitable locations
  • Sales of $1.8 million; net profit of $300,000
  • 100 franchises within 24 months
  • Projected profit of US$26 million in 24 months
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Angel Investment Network (“AIN”) is not a Stock Exchange nor does it intend to get recognized as a stock exchange under Securities Contracts Regulation Act, 1956. AIN does not facilitate any online or offline buying, selling or dealing of securities, clearing or settlement of trades of securities. AIN is not a network or a platform for the secondary market trading.

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