Overview

Raised to Date: Raised: $435,195

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials

Funding History

Growth Charts

Total Commitments ($USD)

Platform

Republic

Start Date

06/26/2023

Close Date

09/26/2023

Min. Goal

$50,000

Max. Goal

$1,750,000

Min. Investment

$150

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    

Early Bird Val. Cap

$30,000,000

Valuation Cap

$33,000,000

Discount

0%

Rolling Commitments ($USD)

Status

Funded

Reporting Date

09/30/2023

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$4,782

# of Investors

787

Momentum

Funded

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Pure Green Franchise

Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

New York, New York

Business Type

Growth

Company Website

Pure Green Franchise, with a valuation of $33 million, is raising funds on Republic. It is a juice bar franchise that makes superfoods easily accessible to people through its handcrafted menu. Pure Green’s menu includes cold-pressed juices, cold-pressed juice shots, acai bowls, pitaya bowls, superfood smoothies, and superfood-infused oatmeal bowls. The business has over 100 locations open or in development and has $1 million per month in system-wide revenue. Ross Franklin founded Pure Green Franchise in August 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.75 million. The campaign proceeds will be used for marketing, training and development, hiring, and general working capital.

Summary Profit and Loss Statement

	FY 2022	FY 2021
Revenue	$2,409,783	$1,282,796
COGS	$762,342	$410,060
Tax	$0	$0
Net Income	$-360,753	$-736,904

Summary Balance Sheet

	FY 2022	FY 2021
Cash	$7,709	$1,119,461
Accounts Receivable	$339,300	$22,755
Total Assets	$13,028,454	$2,508,300
Short-Term Debt	$494,797	$139,794
Long-Term Debt	$3,212,073	$2,505,656
Total Liabilities	$3,706,870	$2,645,450

Financials as of: 06/26/2023

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Raise History

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
Pure Green Franchise	09/25/2023	Republic	$33,000,000	$435,195	SAFE	Funded	RegCF
Pure Green Franchise	08/17/2020	Republic	$12,000,000	$1,070,000	SAFE	Funded	RegCF

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• Price per Share
• Valuation
• Revenue
• Employees

Price per Share Valuation Revenue Employees

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

Franchising Health: How Ross Franklin is Crafting a Global Network of Pure Green Locations

Pure Green is a juice bar franchise. The menu includes cold-pressed juices, cold-pressed juice shots, acai bowls, pitaya bowls, superfood smoothies, and superfood-infused oatmeal bowls. The business has over 100 locations open or in development. Pure Green founder Ross Franklin is a crowdfunding veteran. This is his second raise on Republic. We sat down with him to discuss major updates since the last raise, plans, and more.

Read Founder Interview