How does free brunch for year work?

G'day Bernie! Detailing the T&C's for the perks below: *A ‘free coffee’ is valued at $6 store purchase. A ‘free brunch’ is valued at a $25 store purchase. The appropriate value to your tier will be added to a house account. This credit can only be redeemed for in-store, regular menu purchases. This excludes retail coffee beans, merchandise & more. This credit may not be used for payment of gratuities. ***‘Coffee’ and ‘Brunch’ for life represents that a house account will be created pr...

Any update for previous investors (2024 rolling close) as to when K-1 info for tax-year 2024 will become available?

Thank you for raising this important point. We’re currently working with Wefunder’s SVP platform on a K-1 distribution plan for 2025, which will ensure that K-1s are generated and distributed properly to investors. Looking ahead, we plan to roll Citizens into a C-Corp structure as we continue to scale. Once that transition is complete, we do not expect to issue K-1s to investors in the future. This step will simplify reporting and align with our long-term growth and capital-raising strategy. ...

Hi Justin and Andrew, 2 questions for the two of you 1. Your income statement for the years 2023 and 2024 show roughly 2 million each year in other expenses, roughly 40% of revenue. Can you give some more detail on what these expenses are? 2. From a strategic perspective, can ...

Hi Drake, thanks for the question here. Other expenses include pretty much all other operating expenses beyond cost of goods sold and restaurant 4 wall labor. Some of the main categories here are new restaurant expansion expenses, rent, development and legal for real estate, technology and subscriptions to run daily ops. GAAP financials show over half of our new restaurant capital expenses on the P&L which is not a normal reflection of the companies profitability. Citizens as a business i...

Hi Justin and Andrew, You already closed a raise earlier this year over on StartEngine. Why the need to open this round so soon after that last one? Thanks.

Hi Sentiki, firstly thank you for the investment and your support! That’s a great question, and we appreciate you asking it. The round we closed earlier this year on StartEngine was a strong step forward, but it was a relatively small raise designed to give us momentum. Since then, our growth trajectory has only accelerated, launching Austins new market and securing multiple new sites for expansion. The scale of opportunities in front of us is bigger than ever. This current round is not about...

I've been to the Houston location a few times since it's a few miles from the museum district and I live up in Jersey Village area. Every time I'm there, the food, service and vibes are great. From a business perspective, picking Houston was a great choice. Lower overhead cost...

Mr Titus! Thank you so much for the support and kind words! We’re thrilled to hear you’ve enjoyed your visits to our Houston location—it’s been an amazing community to be a part of, and we couldn’t agree more about the opportunity here. Lower overhead, strong demographics, and a vibrant dining scene make Houston a perfect market for Citizens, and feedback like yours validates that decision. We’re especially grateful for your commitment to invest in this round—it means a lot to have both your ...

Citizens Coffee Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

Revenue Growth: Up From $1M to $46M lifetime sales

IPO Pathway Through Expansion Pipeline to 40 Locations & $100M+ Revenue

Notable investors: KingsCrowd VC & Randi Zuckerberg

Nationally Recognized Brand: Featured in Forbes, Vogue, Financial Review

Citizens Stores Average Annual Sales of $3M+ > 55% Higher Than Starbucks’ Average

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