El Condor Coffee Roasters

An elevated, modern and comprehensive hospitality approach to coffee experience

https://wefunder.com/elcondor

Total raised on Wefunder: 299900

Total investors: 128

Quick facts

  • We have been operating a successful flagship all-day cafe for 1+ year in West Village, NYC.
  • Guest feedback on all aspects has been excellent, and developers have started showing much interest.
  • We have signed deals in Houston and Nashville, and other concrete opportunities, including overseas.
  • A large roasting facility is in the plans, to be able to activate wholesale at a much larger scale.
  • Time to also launch the lifestyle side of the brand: merch, etc. A first CPG product already exists.
  • A concept that defines the future of the hospitality industry, especially from a people standpoint
  • Size of the coffee market in the US only: $85b in 2022, with 6% yearly growth expected until 2025
  • Our team has 30+ years of experience in hospitality, and works with experts in their fields.

Team profiles

Featured investor profiles

El Condor Coffee Roasters

An elevated, modern and comprehensive hospitality approach to coffee experience

$2,400

of a $50,000 goal
INVESTMENT TERMS
Preferred Stock
$4.8M pre-money valuation $100 per share

Investor Panel

Daniel interviewed El Condor Coffee Roasters on March 15, 2021. Play Video
Daniel Edwards
Daniel Edwards
Daniel is a startup CEO, angel investor, advisor and board member spanning from London to Silicon Valley.
Strengths
says, "The team has a strong background of knowledge in the coffee and restaurant industry. I think they understand the trends in the space and what is here to stay and what is simply a fad. This is key when building a new coffee business where perception is arguable second to the taste of the coffee."
Advice
says, "I would advise against opening multiple locations before proving out the concept successful with one location. I get that real estate is cheap right now, but fine tuning a concept before scaling is the smart thing to do. If you prove out 1 location you'll have no problem scaling nor raising money for expansion. Also, I love the idea of building around a life style brand (like Dutch Bros), but if you are going to do that would be good to get an idea of what you mean by seeing art concepts, branding, website, etc. The page right now is missing that and these could be your biggest make or break item, leaving the taste of the coffee aside."

What Investors Say

LEAD INVESTOR
Invested $5,000 this round
I invested in El Condor because of their potential of growth, the market industry is clearly there, especially during this period, we notice that the coffee industry remain persistent. The Founders Nicolas and Mucgio are strong with domain expertise and previous operating experience with the well know French chef Alain Ducasse (Michelin stars) and Four Seasons.  I am most impressed by their sense of humanity and the taste of their products. Compare to different tech startups, El Condor is a daily return business and profitable since day one.
What People Say