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Successfully funded
overfunded
The Chocolate Bear Kitchen
  • Equity
103%
Raised
£36,160
Investors
129
Target
£35,000
Equity
12.64%
Pre-money valuation
£250,000

An ‘inclusive eating’, Pop Up Restaurant and Events Company that provides food for all diets. The Chocolate Bear Kitchen offers gluten free menus with ½ of their dishes being vegan. With menus that are accessible to all, The CBK events allows people of dietary needs to eat what they want, together.

  • Secured pop up arrangements with popular Bristol sites
  • Appearing in at least 2 major festivals in 2016
  • Wide target audience with plans to expand into other cities
  • Strong brand image with over 11,000 followers on Social Media
Information 27/06/16 - In order to complete discussions with some investors and benefit from additional press coverage, the Chocolate Bear Kitchen has been granted an extension of 14 additional days, now expiring at midnight on the 14th July.

Idea

The Chocolate Bear Kitchen is a Pop Up Restaurant and Events Company.

With as many as 1 in 5 of the UK population having a food intolerance and 12% of Britons following a vegan or vegetarian diet, it’s so difficult to find a place to eat where everybody gets a choice to eat what they want. Our menu is 100% Gluten and Refined Sugar Free and at around half of our menu is Vegan. This means that if a person in your group is gluten intolerant, they won’t be overlooked; if you are lactose intolerant, you don’t have to ask “can I eat this?” and if you or a friend is vegan, you won’t need to go to that vegan restaurant every time.

Our first pop up for 30 covers in May, sold out in early April, we added another date which then sold out and our following has increased ever since.We were approached by The Feast Collective who provide catering at a number of music festivals and are now featured at Camp Bestival as one of the food traders. Our founder and head chef, James Gordon will also be giving live recipe demonstrations at the festival. We also have a pitch at Bestival, winner of Best Large Festival 2015, with a crowd of 80,000 people. The anticipated revenue generated by large events and festivals provide injections of profit and is an area we will continue to develop.

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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.

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

Tax relief is available to individuals only, with income tax relief currently set at 50 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.