Pure Green Franchise

Pure Green Franchise

Growth Stage

Fastest-growing Juice Bar Franchise favored by pro athletes & celebs

Fastest-growing Juice Bar Franchise favored by pro athletes & celebs

Overview

Raised to Date: Raised: $435,195

Total Commitments ($USD)

Platform

Republic

Start Date

06/27/2023

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    Open SEC Filing

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

$4,581

# of Investors

787

Momentum
Funded
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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

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: 06/27/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Pure Green Franchise 09/26/2023 Republic $33,000,000 $435,195 SAFE Funded RegCF
Pure Green Franchise 08/18/2020 Republic $12,000,000 $1,070,000 SAFE Funded RegCF
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Founder Profile

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

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Pure Green Franchise on Republic 2023
Platform: Republic
Security Type: SAFE
Valuation: $33,000,000

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