A “rev share” is a debt structure that works like a royalty payment. The business agrees to pay a set percentage of their revenue until the investor is paid back a “multiple” of their investment. For example, a business may agree to pay 5% of their revenues each quarter until investors make 1.5x (the multiple) their original investment. As an investor, you would expect to turn a $1,000 into $1,500. The amount of time it takes to pay is dependent on the business’ revenue.
Lumineux Chocolate sources several of its’ cocoa beans origins
through Uncommon Cacao. Uncommon Cacao is a cocoa bean supply
company that emphasizes transparent trade. Two of the key farming co-ops Lumineux Chocolate uses through Uncommon Cacao are Semuliki Forest and ABOCFA.
We have chosen African beans for the depth and complexity of their flavor profiles. Our beans come from farms all across Africa and Madagascar.
You can see a map of all our sourcing locations here.
Many chocolatiers take preprocessed chocolate and simply remelt and make it into bars or candies.
We hand sort our cocoa beans to check for quality and abnormalities. Then we manually grind our beans down for 2 days until they are the perfect consistency. Finally, we form them into tasting tablets and bars.
***This info is provided by Lumineux. Vicinity never predicts or projects performance, and has not reviewed or audited this financial forecast.***
This is a summary of some of the risks associated with this investment. A more comprehensive list of potential risk factors can be downloaded in the Docs section above.
We are doing a live Q&A session on Zoom tomorrow, January 20, at noon to answer your questions on our campaign. Join us using the link below. See you there! https://us02web.zoom.us/j/87271034660
Our co-founder, Rebecca, did a Q&A recently with one of our suppliers, Bridge City Coffee, on responsible, ethical sourcing. Check it out here: https://www.instagram.com/p/CKB8DbIjuur/.
We had a very strong finish to 2020! Our Q4 revenue grew 250% over our Q3 revenue, and we finished the quarter with a strong profit.
We have produced 2,200 pounds of chocolate this year! With your help, we hope to triple that next year by purchasing equipment to handle larger production levels.
We just finalized our numbers for November, and we ended the month with sales at 43% over our projections! This was due in large part to booking private chocolate tastings all over the US, a category that we will be growing in the months to come.