What's the estimated payout per quarter?

Hi! We are hoping to do $200k-$250k sales a month, so 5% of $600k gets spread among all the investors according to the investment amount :-)

Is the payout based on the revenue from just the new location or from both the locations?

Hi it’ll be just for the new location. The old location will be turned into a pop up incubator just to cover the rent and utilities on that location.

in the 5 year projection spreadsheet, I do not see a line item for the cash flow for the payout to the investors. Where is that included?

Hi Sam thank you for your question! It was not included in the projections because the projection was made before we moved forward with the WeFunder campaing. The payout is solely based on sales, and it's 5%, and I think WeFunder pays out quarterly.

Great project. What is the maturity date for the notes ? I don't see it on the terms of investment. Thank you

Hello thank you! We are hoping it’ll be 5-6 years after we open the door. We are projecting to do 2 million annually and 5% of sales goes back to the repayment.

Cassava San Francisco

Popular, ethical San Francisco restaurant moving to new location

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cassavasf.com

San Francisco, CA

Female Founder Food & Beverage Retail Minority Founder Restaurant

Highlights

🏆 Award-winning restaurant loved 9+ yrs by locals + food critics

📣 Featured in SF Chronicle, Eater SF, 7x7

❤️ Operated by respectful restaurateurs with long time trusted employees working as a strong team

👀 On a high-foot traffic main street corner in one of the most visited neighborhoods in SF

Team

Cassava is our pursuit to create the best food, service + restaurant possible 💪🏽

We opened Cassava in 2012 to serve up delicious food – but do it as equitably & ethically as possible. Since opening that original Balboa St location, we've grown our team, honed our supply chain operations, and become a community staple.

Here are some of our core commitments:

We’re committed to paying our team a San Francisco livable wage. We offer our employees fully covered health care. We use a whole-house tip pooling & progress flag.

We are committed to a no exploitation supply chain, buying only produce from caring, kind people we know.

We’re committed to speaking out against injustice and standing with those who are systematically marginalized.

We were committed to no COVID layoffs. Throughout the pandemic, we’ve followed stringent health and safety rules and guidelines to protect our community.