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Ohio

Café Rosé

About Documents
0%
$0 Funded
$20,000 Target
Closed Time Left
0 Investors
$20,000 Min. Raise
$50,000 Max. Raise
60 mo. Term Length
10.75% Interest Rate
Closed

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Overview

Café Rosé is a coffee and wine bar coming soon to Austintown, Ohio. It will be a one-stop-shop for purchasing local coffees and wines and will also sell specialty drinks - including the signature Café Rosé - all the while supporting the entrepreneurs, farmers, and people of the valley. Whether you are visiting us for your morning rush to work cup of coffee or a glass of wine to enjoy with good friends, we hope you will find Café Rosé a safe space to work, gather, and celebrate. It is our hope you will join us on our journey of discovering new coffees and wines from the valley, Ohio, and across the county, all the while connecting with people and supporting our hometown.

Café Rosé will operate its business on three pillars: local sourced, eco-friendly, and community-centered.

Locally Sourced: Our coffee and wine selections will first be locally sourced to provide a one-stop-shop for the best local wines and coffee that appeal to every palette. Our food selections will also be made from products purchased mostly from local farms.

Eco-Friendly: Café Rosé will strive to leave a green footprint by responsibly sourcing products, minimizing (food) waste, and using energy-efficient materials. On property, we plan to recycle, compost, and collect rainwater for the on-site garden we hope to have.

Community Centered: Café Rosé will be a safe space for the community to gather with family, friends, and neighbors. It will be a space to work, gather, and celebrate; a space for events such as yoga and craft fairs; and a space to support local businesses and organizations.

Customers will be predominantly people who live and work in the Youngstown (OH) area who enjoy drinking coffee and/or wine. We will also serve people who travel through the area; Interstate 80 intersects through Austintown. The space we wish to create will be one where people can gather to spend time with friends and family, meet to discuss business and one in which they can celebrate graduations and anniversaries. We will especially appeal to people living in Austintown (OH) because to find a space to meet, gather, or celebrate often requires traveling 20 - 30 minutes to surrounding areas. This will be a unique and convenient spot for people in our hometown, particularly with more people working from home, to not only gather, work, and celebrate but to also experience different flavors of coffee and wine.

Owners Amanda and Leah have always loved to travel and would plan stops along the way to try new flavors of coffee and wine. They targeted local coffee roasters and wineries because they understand the value of supporting local businesses. With Café Rosé, Amanda and Leah not only want to support local coffee roasters and wineries by creating a convenient one-stop-shop for coffee and wine lovers but to also bring in flavors unfamiliar to the area that local residents and workers might not otherwise have the opportunity to discover.

We are raising up to $50,000 at a 10.75% interest rate, with a six-month interest-only period and a 54-month fully-amortizing period.

 

 

The Project

The funds will be used to lease or purchase a property.

If purchasing property:
$20,000 down payment on the property
up to $30,000 to renovate space and purchase equipment (i.e. appliances, furniture)

If leasing property:
$20,000 to cover several months of lease/utilities
up to $30,000 to renovate space and purchase equipment (i.e. appliances, furniture)

Café Rosé cannot operate without a location for its business. The funds received will allow the business to not only have a space to operate but will also allow for renovations to build the vision of Café Rosé and to purchase equipment that is necessary to prepare specialty coffee drinks, etc.
 

Located between Pittsburgh and Cleveland, Austintown is ripe for this new concept.

Business

History

At the intersection of many long road trips and a love for coffee and wine, Café Rosé was born. Owners Amanda and Leah would discuss creating a business while traveling down endless highways and winding through the backroads of Ohio. They would fuel their trips with coffee from local shops and unwind from a long day of travel with a glass of wine. Their visits to coffee shops and wineries throughout the state and country inspired the idea for Café Rosé. Today, Amanda and Leah are in the early stages of starting their business. They have received positive community feedback, particularly in their hometown of Austintown, and have even spoken to local artisans and brewers who are excited to sell their products at Café Rosé. They have viewed several properties in Austintown; however, they require capital to make an offer. Once capital is secured, they can purchase or lease Café Rosé's first home and begin operating their business.
 

Café Rosé was inspired by Leah and Amanda's many trips to cafés and wine bars across the country.

 

Future

The future vision of Café Rosé is to expand its selection of coffee and wines to be both local and nationwide to create a truly unique and diverse collection of coffees and wines for customers to purchase. Café Rosé also hopes to have its own garden and greenhouse to grow its own produce for its menu of food, with potential for workforce development in agriculture and hospitality. The business will become a space that the community gathers and one that supports its local community. Austintown is our hometown, and we want to see our community and the people in it thrive.
 

We take to heart our pillars of being locally sourced, eco-friendly, and community-centered.

 

About the Owners

Leah Sakacs is an Austintown (OH) native. She earned her master’s in applied anthropology at California State University Long Beach while serving in the Air Force Reserves. Upon returning to Austintown, she served two years as an AmeriCorps member with Habitat for Humanity before being hired to coordinate an AmeriCorps Seniors program, the Retired & Senior Volunteer Program (RSVP). In addition to work, Leah currently serves as president of the League of Women Voters of Greater Youngstown; as a member of the local Association of Fundraising Professionals where she shares her expertise in community outreach and engagement on the National Philanthropy Day planning committee; as a member of the Austintown Farmer's Market advisory committee; and as a leading member of the Advocates for Austintown group. Leah’s volunteer, leadership and work experiences have helped her develop strong community relationships as well as enhanced her skills in marketing, planning, and organizing. She is a proud aunt and a fan of Star Wars. She also loves to travel, drink coffee, and do yoga.

Amanda Evans is an Austintown (OH) native. She earned her bachelor’s in hospitality management from Youngstown State University while completing two college programs at Walt Disney World Resort where she gained experience in both hotels and food and beverage service. Amanda’s career in hospitality management has given her expertise in sales; CRM software; providing quality guest service; quality assurance; managing payroll and orders; and training, scheduling, and managing staff. She is an active member of the Disney Program Alumni Association and was actively involved in 4-H as a junior fair board member. Amanda is a proud dog mom of her Shih Tzu Ellie and is a primary caregiver for her grandmother. She loves yoga, coffee, and wine.
 

Owners Amanda (left) and Leah

Deal Summary

Summary

 Issuer

  Café Rosé LLC

 Security Type

  Secured loan

 Loan Purpose

  Acquire property + equipment

 Offering Amount

  $20,000 - $50,000

 Interest Rate

  10.75% annually

 Payments

  Monthly, disbursed to investors quarterly

 Maturity

  6 months interest only + 54 months fully amortizing 

 Personal Guaranty  

  Leah Sakacs and Amanda Evans

 Security Interest

  Blanket lien on assets of the company

 Offering Portal

  Honeycomb Portal LLC

 Offering Type

  Reg CF

 

Your Earnings Potential

If you choose to invest, you will make a one-time investment via ACH that will be transferred to a secure escrow account. If the campaign successfully reaches its target, the funds will be distributed to Café Rosé LLC.

For more information on the mechanics of Honeycomb’s crowd investing platform, please review our Education Materials

 Investment Amount   One-Time Fee 

 Potential Quarterly

 Return: Interest-Only Period* 

 Potential Quarterly

 Return: Amortization Period* 

 Potential Total Repayment* 
 $100  $2.85   $2.69   $7.03   $131.94
 $500  $14.25   $13.44   $35.16   $659.72
 $1,000  $28.50   $26.88   $70.32   $1,319.44
 $5,000  $37.25   $134.38   $351.58   $6,597.19

Your ongoing responsibilities from investing are very limited. Over the life of the loan, you will receive a yearly 1099-INT, which is a simple tax document similar to what you receive for most savings accounts.*Individual payments may vary slightly based on rounding. Potential repayments include principal and interest; they do not include the one-time fee which is assessed when you make your investment. There are no prepayment penalties and Café Rosé LLC may pay down their loan early, which may impact your earnings potential. Please note: returns are not guaranteed and investors could lose some or all of their investment.

Café Rosé LLC pays as agreed. You will receive quarterly payments directly into your bank account. In the event of a default, you will be contacted by the administrative agent to manage the collections process on the investors' behalf.

 

How Honeycomb is Compensated

Honeycomb charges Café Rosé LLC a $250 posting fee and an 8.0% loan origination fee on the total amount funded.

Additionally, to cover expenses associated with each investment, Honeycomb charges a 2.85% investment fee capped at $37.25 per investor.

Like what you see?  Check out our other campaigns here

 

View our
Offering Documents

Comments

Q & A

+ I haven't heard of crowdfunding before. If you don't reach your $20k fundraising goal, do I get my investment back?

Yes, the investment and the fees associated with it would be returned to the investor.