Company Profile (AI Text) Name: Tàstès Markets, Inc. Canonical URL: https://wefunder.com/tsts Updated at: 2026-06-02T05:00:57Z Tagline: WeWork of Grocers-retrofitting spaces & leasing shelves to local food brands so they can sell direct Elevator pitch: Tastes is a real estate play. Like WeWork, we convert spaces into an upscale grocery stores, and sublease shelf spaces to local Food Producers at highly affordable rates. We drastically reduce complexity and barrier to entry for Food Suppliers and we give Consumers a store with source direct food and pricing. 80% of our first store has been pre-leased with remaining to be leased out by Q1 of 2022, secured with deposits. Key claims: - Total raised on Wefunder: 71650 | citation: https://wefunder.com/tsts#claim-total-raised - Total investors: 46 | citation: https://wefunder.com/tsts#claim-total-investors Verified facts: - Total raised on Wefunder: 71650 | observed_at: 2026-06-02T05:00:57Z | expires_at: 2026-06-03T05:00:57Z - Total investors: 46 | observed_at: 2026-06-02T05:00:57Z | expires_at: 2026-06-03T05:00:57Z Computed metrics: - total_amount_raised: 71650 - total_investors: 46 - team_size: 6 - featured_investor_count: 1 - faq_count: 5 - recent_post_count: 6 Quick facts: - Simple model - we are landlords of grocery store shelves. We lease to hundreds of local food brands per store. | citation: https://wefunder.com/tsts#claim-fact-1 - Brands sell direct - that means low inventory & labor costs for us. Other grocers net 2%, we net 34%. | citation: https://wefunder.com/tsts#claim-fact-2 - Consumers finally get Source Direct Pricing for local food | citation: https://wefunder.com/tsts#claim-fact-3 - Impressive Proof of Concept - 80% shelf spaces leased with deposits in hand | citation: https://wefunder.com/tsts#claim-fact-4 - 1 store nets $3.24M (at maturity) x 264 stores in USA = $855M. Estimated net in Europe is $1.7B. | citation: https://wefunder.com/tsts#claim-fact-5 - Timely - solution to nationwide supply problem, better food trend, sustainability and impact driven. | citation: https://wefunder.com/tsts#claim-fact-6 - Consumers vote for products they want on shelves. We are the 1st democratized grocer in the world. | citation: https://wefunder.com/tsts#claim-fact-7 FAQ: - Q: do you plan on basically staying in austin texas or expanding to other cities in texas etc. i have a ton of investments in austin texas would love to add another. love you guys concept. i do my investments on friday's. A: Hi John, yes we intend to take hyper local global. Our expansion plans include about 260 stores in USA and 3x that in Europe. - Q: Where are you at with respect to development of your technology stack? Do you have a Software team working this already or are planning to hire or outsource development after the raise? A: We are working with a company that will provide us the operations technology stack and are able to customize it to our needs. The cost of utilizing the ready made stack is only $550/mth plus customization is just a flat rate of $15K. In the future, we plan to build a marketplace platform. It will be built by a CTO at Dell and Chief Architect of Cisco. Thank you for your question! - Q: awesome concept glad i invested. you mentioned 260 stores and 3 times that in europe is the biggest thing having the capital to fund the construction? cause obviously once you have that huge step. how much roughly is it per location and will they all be the same size. what is ... A: Thank you for great questions John. For the flagship store (5000sqft), we need: $1.5M for buildout + $1.5M for a 1.5 year runway per unit. The most time consuming activity is establishing the ground work in a new city: real estate, permitting, pipeline of vendors. In Jan of 2022, we developed an acquisition model that will reduce permitting, buildout, lease negotiation, customers acquisition, and vendor acquisition time by at least 1.5 yrs per unit. We are currently pursuing an acquisition of... - Q: Thanks for response. I was asking cause I have access to a huge amount that can be used only for business expansions. I was about to finalize my investment before I saw $45/a share. Really? A: John, thank you for your question and response! Yes it is because we only have 3 million shares outstanding vs. most companies that start off with 10M or 100M shares. Please note that after Wefunder campaign ends, we have plans to split the shares as we have had several reactions such as yours and realize now that 3 million shares is causing the per share price to be too high. We will be splitting shares so the per share price is far more palatable. We are aiming to end up in the $10 or less ... - Q: Austin is a good test market - what is your advantage vs HEB (which I gather is down the block), Whole Foods and Trader Joes? My understanding is that HEB is fairly beloved in Austin. A: This is probably my favorite question to answer of all. Here's what we like to ask Customers and Investors: all things being equal with HEB, Tastes, and Wholefoods, which grocery store would you choose to buy from knowing the money that you spend at Tastes goes directly to your Food Producer with no middle man cut? Your answer is the same as everyone we have asked. They either choose to shop with us or will make us one of their grocery store destinations since the average family now shops at ... Recent posts: - Tastes Announces Exciting Potential Acquisition! (2022-02-13T17:10:40Z) https://wefunder.com/feed/152703 - Awesome News to Share with Our Investors! We now have Proof of Concept! See the results and find out how we are getting ready to blow up in 2022! (2021-12-30T22:59:32Z) https://wefunder.com/feed/151413 - MAJOR MILESTONE ACHIEVED! Investors, (2021-12-29T04:07:21Z) https://wefunder.com/feed/151375 - Fantastic question posed (2021-11-09T01:13:09Z) https://wefunder.com/feed/150259 - Momentum is the word of the week! (2021-10-26T04:56:55Z) https://wefunder.com/feed/149859 - Congratulations Investors! (2021-10-21T16:46:31Z) https://wefunder.com/feed/148488