for 8.5% Equity Stake
Suggested Min. Investment: $1,000
HUBB Kitchens cultivates culinary entrepreneurs as they formalize and grow their businesses by providing professionally managed, easily accessible, and affordable commercial kitchen space, industry-specific technical assistance and access to market opportunities. Whether a food start up or an experienced small business, HUBB Kitchens provides entrepreneurs the savvy to succeed.
The small footprint hourly model is currently being proven with our first location breaking-even within 3 months of operations. Our second location opening late April or early May already has a waiting list for food truck clients. Our plan is to open 2-3 new locations starting 2022 using location 1 & 2 as the proven models. Late 2021 could be the acquisition of RTP real estate to have a home base of operations and also given us the ability to put our current two models under one roof. Over the next two years we will be looking to combine our two proven models into 1 facility to create our goal of "one stop shop".
So far, HUBB Kitchens Marketing has been a relatively low-key affair. Via unpaid social media marketing and word-of-mouth advertising, we receive 3 applications a week on average, totaling 142 applications to fill 50 remaining slots. An internship was developed in the Spring of 2021, and a team of 3 Campbell University Business Students assisted in carrying out the marketing activities.