Consumer Cooperative Group

Consumer Cooperative Group

Early Stage

Cooperative Purchasing Power 2 Acquire Debt Free & Turn-Key Real Estate Assets.

Cooperative Purchasing Power 2 Acquire Debt Free & Turn-Key Real Estate Assets.

Overview

Raised to Date: Raised: $2,940

Total Commitments ($USD)

Platform

Buy The Block

Start Date

08/06/2020

Close Date

12/16/2020

Min. Goal
$120
Max. Goal
$250,000
Min. Investment

$120

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$1,070,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

12/19/2020

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$22

# of Investors

15

Momentum
Not Funded
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Year Founded

2017

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Austin, Texas

Business Type

Growth

Consumer Cooperative Group, a cooperative corporation, is raising funds on Buy The Block. The cooperative allows investors to invest in real estate projects as a single unit. It is a real estate investment cooperative (REIC) that allows investors to take advantage of real estate opportunities collectively, independently, and equitably. Consumer Cooperative Group is led by Tanen Andrews and was founded in 2017. The current crowdfunding round has a minimum goal of $5,000 and a maximum goal of $1,070,000. The proceeds will be used to eliminate long-term debt encumbering current and future real estate assets. Consumer Cooperative Group is led by an experienced team and aims to remove red-tapism and other drawbacks related to real estate investing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-74,734

$-84,559

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$5,444

$2,455

Accounts Receivable

$0

$0

Total Assets

$57,859

$53,662

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 08/06/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Consumer Cooperative Group 01/14/2024 Rialto Markets $31,535,798 - Equity - Common Funded RegCF
Consumer Cooperative Group 09/08/2022 truCrowd $9,389,945 $121,981 Equity - Common Funded RegCF
Consumer Cooperative Group 06/07/2021 CrowdSource Funded $2,000,000 $2,140 Equity - Common Not Funded RegCF
Consumer Cooperative Group 12/15/2020 Buy The Block $1,070,000 $2,940 Equity - Common Not Funded RegCF / RegD 506(c)
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Consumer Cooperative Group on Buy The Block
Platform: Buy The Block
Security Type: Equity - Common
Valuation: $1,070,000
Price per Share: $10.00

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Warning: according to the close date for this deal, Consumer Cooperative Group may no longer be accepting investments.

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