PLNT Burger
饭店
Silver Spring，Maryland 2,017 位关注者
Plant-based American favorites. Eat the change you wish to see in the world.
关于我们
Planet-friendly, PLNT-based American favorites. Locations in VA, DC, MD, PA, NY, and MA. Eat the change you wish to see in the world!
- 网站
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https://www.plntburger.com
PLNT Burger的外部链接
- 所属行业
- 饭店
- 规模
- 51-200 人
- 总部
- Silver Spring，Maryland
- 类型
- 合营企业
- 创立
- 2019
- 领域
- burgers、fries、milkshakes、saving the planet、inclusive menu、kosher、halal、delicious、nutritious、futuristic和altruism
地点
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主要
获取路线
833 Wayne Ave
US，Maryland，Silver Spring，20910
PLNT Burger员工
动态
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We are live! Tune into our investor Q&A webinar happening right now!! ?? https://lnkd.in/eeMpw4bs
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Our new brick and mortar location in Coolidge Corner, MA continues to perform well! As word spreads, sales improve week to week. One of the reasons we chose to open in this neighborhood was the lack of delicious, nutritious, plant-based options available. We're not just serving hungry plant-based diners, we're serving the masses of Massachusetts, people who are just looking for a tasty burger without the health and environmental burden of beef or animal-based food. From community "Friendraiser nights" to word-of -mouth marketing, we're gaining more awareness and momentum every day! We'd love your help in gaining more local traction! Voting for PLNT Burger in the Boston.com poll for best vegan bites in greater Boston is a great way to promote our business to a wider audience. Vote here:? https://lnkd.in/eY9B5wj9 Thank you, and don't miss the opportunity to invest in the Future of Fast Food! https://lnkd.in/ekBvFtEa
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Last Friday, PLNT Burger Co-founders Spike Mendelsohn and Seth Goldman appeared on Fox 5 news for the Lion Lunch Hour! Chef Spike shared recipes for our new Better Balance Hot Dogs as well as our new TiNDLE Foods Chik'N sandwich recipes! The new items were a major hit with the hosts, and paired perfectly with some Just Ice Tea from Eat the Change! This segment was a ton of fun with lots of great energy from the Fox 5 news team, and a great opportunity to share more about our company, mission and crowdfunding campaign! Take a look at the segment with Spike and Seth and be sure to check out our favorite parts where our StartEngine campaign is mentioned at 24 minutes and 43 minutes. https://lnkd.in/dDDgSVXA
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Wise words from our Co-Founder Seth Goldman for businesses and entrepreneurs looking to raise. Our crowdfunding campaign on StartEngine allows us to share equity in our brand with investors (of all sizes!) who believe in what we're doing, while catalyzing short and long term sustainable growth towards the Future of Fast Food. Take a look! https://lnkd.in/eRSnzsdF
Co-founder & CEO, JUST Ice Tea, Co-Founder & Board Chair at PLNT Burger, Chair of the Board at Beyond Meat
“How much money do I need to raise?”?That’s a question I’m often asked by food entrepreneurs.?My answer is almost always, “Less than you think.” I’m friendly with a local entrepreneur who’s built a fast-growing $6 million food business. The Company is not yet profitable so she’s in fundraising mode and was approached by a large investor who wants to put $10 million into the enterprise. When you’re strapped for cash, it’s hard to say no to a Big Check, but rarely is it a good outcome.?Let’s consider the consequences: 1)????????Dilution of ownership - Let’s be optimistic and assume this business gets a 3X sales pre-money valuation of $18 million. The entrepreneur (along with all existing investors) is giving up 10/28 (35.7%) of the Company.?It’s unlikely someone writes that big a check without wanting a major say (if not control) in the business. 2)????????Inflated expectations – Along with this post-money valuation of $28 million comes the pressure for the business to grow quickly to a size that merits this kind of valuation. This leads to... 3)????????Bigger mistakes - With a higher valuation and more cash in the bank, the entrepreneur feels pressure to take bigger risks.?Rather than dip a toe in the water to test a new strategy, the Company might skip the iteration process. ?In our 6th year Honest Tea had the opportunity to take in a big investment.?If we had, we would have bet on product lines that weren’t ready for mainstream markets.?(Honest Kids hadn’t yet launched and “Just A Tad Sweet” was just gaining traction.) Here are some ways to avoid being pressured into taking the Big Check: Always have leverage – Avoid negotiating with just one investor.?Until documents are signed, you should be in active conversations with every potential investor you can find. For Eat the Change (???????? ?????? ??????)?we’ve been fortunate to split the lead role in our last two raises between two major investors.?Not only did we gain two strong supporters, we avoided giving one investor too much control. Raise less money more often – Even if my friend raises $2 million at a lower pre-money valuation of 2.5X sales ($15 million), she gives up 2/17 = 11.8% of the Company.?Yes, she might have to raise more money again sooner, but if she executes well, the sales (and enterprise) should be higher for the next raise, which helps reduce further dilution. Fundraising can be intimidating, painful, and distracting, but as a founder, it’s your duty to make sure the enterprise has the resources to bring your vision to life. Think of it like a college exam – How well can you present and defend your thesis??Most investors come with fresh eyes and ask questions you haven’t considered.?Use the fundraising process to make you and your enterprise stronger. And just in case you thought we outgrow fundraising, I’d be remiss if I didn’t share the link to PLNT Burger’s StartEngine campaign – I hope you’ll join us! https://lnkd.in/eRSnzsdF
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We're thrilled to be democratizing ownership in PLNT Burger on StartEngine and are off to an exciting start! Check out some awesome recent press covering our campaign launch in the?Washington Business Journal?and?Source of the Spring! Washington Business Journal article: https://lnkd.in/enQcceQc Source of the Spring article: https://lnkd.in/eVwwEmWC Thanks to the early investors, we received the "Most Momentum" badge on StartEngine or being in the top 15 in amount raised in the last 72 hours! We are deeply thankful to everyone who invested so far! We're hoping to keep the momentum going, there's never been a better time to invest in the Future of Fast Food! Huge thanks to our board and strategic partners! Seth Goldman Spike Mendelsohn Meghan Horn Christopher Treloar Mike Schall Brian Dworkin Julie Farkas Margarita Herdocia Whole Foods Market
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We are thrilled to share the opportunity to invest in PLNT Burger! Join us in the mission to craft the Future of Fast Food and Eat The Change! Over the past 5 years, we have grown from a single burger counter inside of the Silver Spring Whole Foods Market to 12 locations along the east coast,?with our next location?opening next week! We are so grateful to our visionary founders and board members Seth Goldman Spike Mendelsohn Brian Dworkin and the amazing Changemakers at PLNT Burger. It has been an absolutely delicious journey that we are so grateful for, made possible by the amazing support of our community! Together, we have been working to bring joy to the world with mouth-watering, planet-friendly burgers, build an enterprise that has achieved over $11M in annual revenue, profitability and scalability, 2 million+ served, as well as tremendous positive environmental?impacts. Our company's dedication to radical inclusivity and safe spaces for everyone has led to a very low turnover rate and a strong culture of proactivity and positivity, led by internally promoted leaders. Achieving meaningful change for people and the future of the planet has never been so fun or so delicious. As for?our future? The sky's the limit! We've always believed in democratizing delicious plant-based food for everyone, and now, thanks to StartEngine we are able to democratize ownership in PLNT Burger with a freshly launched equity crowdfunding campaign! We're excited to grow our community of supporters, and accelerate our growth to becoming a major player in the fast food industry. We invite you to take a moment to explore the PLNT Burger campaign page to learn more about our business, vision for growth and potential! Check out the fun campaign pitch video we produced on our page! https://lnkd.in/ekBvFtEa We hope you will join us, and invest in the Future of Fast Food! Cheers to a Greener Future! Disclaimer: This Reg CF offering is made available through StartEngine Primary, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
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In partnership with Better Balance, we’re thrilled to introduce 2 new items, our “Home Dog” and “Chili Dog”!! Starting this Wednesday, you’ll be able to order these delicious Dogs at all of our locations, with special deals on the PLNT Burger app!! We’ll be throwing a launch party in our Nomad location, with 50 FREE dogs for the first 50 customers starting at 11am, Dec. 4th and we will be sampling the dogs at all locations for everyone!
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Tomorrow, Thursday the 12th marks a massive milestone for PLNT Burger! We’re Celebrating 5 years of serving the community of Silver Spring! We’d love to see you and your community at our anniversary party if you’re in the area! We’ll have music from local legend?DJ soul, prizes, and $5 PLNT burgers/cheeseburgers at our location at 833 Wayne Avenue (inside Silver Spring Whole Foods Market) from 5-7pm! Please feel free to share/Rsvp to the?Facebook event? https://lnkd.in/eEDUtReh or the?Instagram post! https://lnkd.in/enP9vjHm Cheers to a Greener Future!!
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