Black Momma Tea & Cafe, Inc
minimum investment: $500.00
The Starbucks of the Tea Industry!
We are purveyors of teas from different countries. We source directly from the plantation, so there's no middleman. Black Momma Tea & Cafe is the physical extension of our existing brands: Black Momma Vodka, Black Momma Tea, Black Momma Agave, and Black Momma Mixers, which currently have 26,000 total customers and totaled $2.5 million in online sales last year. We're building two locations in N.Y. to create physical extensions of our e-commerce business and to jump-start our expansion.
Funding target: 50,000 – $1,070,000 by 5/1/2018
Regulation Crowdfunding: Equity (Priced Round)
Minimum investment: $500
- Designing & opening two new cafe locations in prime New York locations – construction underway.
- Existing Black Momma brand products currently have 26,000 customers and totaled $2.5 million in online sales last year.
- Our founder, Vanessa Braxton, is a retired structural engineer with experience managing an annual $350 million contracts and construction budget. With over 20 years of experience in engineering and construction, she became the first African American woman to build a Burger King in New York 22 years ago.
- Signed Letter of Intent for Location 1: 2263 Broadhollow Rd. across the street from 9600 Student Campus.
In five years, we hope to have 500 Black Momma Tea & Cafes that will consist of corporate stores, franchises, and licensed units. In addition, we are striving to be listed on a major exchange in the future which will allow for further expansion globally. This growth will create jobs, collaboration with new small businesses and help expand small manufacturers within the Food & Beverage industry.