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Successfully funded
overfunded
Daily Dose
  • Equity
166%
Raised
£125,050
Investors
198
Target
£75,000
Equity
20.01%
Pre-money valuation
£500,000

Daily Dose produces 100% fresh unprocessed cold pressed juices. The london based juicery began trading this year and is now stocked in a number of independent cafes and restaurants. It also provides a white labelling service for higher volume customers and last month achieved sales exceeding £9000.

  • Moved to a new larger premises to compete for larger contracts
  • Looking to sell detox cleanses and subscription packs online
  • One cafe taking 24 juices initially now orders over 200 per week
  • Funds will be used to increase online presence and grow online sales

Idea

Daily Dose produces 100% fresh unprocessed cold pressed juice. We deliver our products twice a week to cafes, coffee shops and restaurants, with the aim to keep it as fresh as possible.

We also produce bulk 'white label' juice to a higher volume customer, who who has decided to 'outsource' juice production, presumably to free up equipment space and save staff costs. Daily Dose aims to get the freshest possible juice to the consumer. In order to over come the short shelf life we based our distribution on the 'milk man model' which allows us to collect empty bottles and offer regular delivery. We recycle the bottles, without having to waste labels and our estimates suggest an average of 75% bottle return rate, making the glass cheaper than a plastic alternative.

The first cafe we approached took 24 juices over the first weekend and now takes over 200 a week. Since launching six months ago we've focused on retention and believe that our customers are very satisfied with our product. Daily Dose is looking to start selling detox cleanses and subscription packs online. Cleanses will aim to be sold through cleansing parties (similar to tupperware sales) and through online sales.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Daily Dose has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Seed Enterprise Investment Scheme (SEIS) tax relief.

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