All-Vegan Supermarket Receives $100k In Public Investment
Vegan Fine Foods, a fully vegan supermarket and cafe located in Fort Lauderdale, has received over $100,000 in public investment.
The investment was received through a campaign opened on WeFunder by business owner and 22-year vegan, Dr. Steven Smith, who says he opened the shop, also using WeFunder, to increase “access to high-quality vegan foods” in the area.
Smith expects his investors will start receiving dividends in two to three years.
Framed as a one-stop shop for plant-based consumers to get a meal, find some wine, and do their shopping, Vegan Fine Foods is a business on the rise.
In business for approximately 15 months, Smith reports $1.2 million dollars in revenue thus far. The shop also debuted its first own brand products, Vegan Fine Wines, in 2018.
Vegan Fine Foods now offers three franchise options; a market, health and beauty shop, and cafe.
What do you think about investing in vegan business? Let us know in the comments below.
Tags: Business, Dr Steven Smith, Fort Lauderdale, Heather mills, Steven Smith, supermarket, US, USA, vegan