days into ->

450

star ->

0

days to return ->

187

% complete ->100

Sauce Shop
Premium sauce manufacturer Sauce Shop from Nottingham have a proposal to fund their Christmas growth. Earn in 6 months.
James Digva, Co-Founder, Sauce Shop
Sauce Shop
repaid
Paid back in full on 21 Mar 18 1 day early!!!
Sauce Shop

Offer Details

NOW

Already funded!

Earn

9.0%

In 6 months

EquivAlent to

19%
per year

    Great Taste Award-winning sauce manufacturer Sauce Shop is growing fast. Owned by husband and wife team James and Pam Digva, they would like you to support their Christmas growth.

    The company is targeting sales of £25k per month in November and December. This is more than double last year.

    To fund their raw materials, packaging and marketing costs, they would like to raise £25,000 and are offering repayment plus 9.0% profit in 6 months. The offer is fully backed by 2,500 cases of their delicious sauce and mayonnaise.

    Great Taste Award-winning sauce manufacturer Sauce Shop is growing fast. Owned by husband and wife team James and Pam Digva, they would like you to support their Christmas growth.

    The company is targeting sales of £25k per month in November and December. This is more than double last year.

    To fund their raw materials, packaging and marketing costs, they would like to raise £25,000 and are offering repayment plus 9.0% profit in 6 months. The offer is fully backed by 2,500 cases of their delicious sauce and mayonnaise.

    UPDATE

    Sauce Shop successfully raised £25,000 to fund the production of 2,500 cases 450 days ago. Check back soon for more offers.

Sauce Shop

Offer Details

NOW

Already funded!

Earn

9.0%

In 6 months

EquivAlent to

19%
per year

    The Producer

    James and Pam Digva created the Sauce Shop brand in 2014 to pursue their passion for craft sauces and quality ingredients. Seeing a gap in the market they founded Lacehouse Kitchen Ltd, the parent company of Sauce Shop.

    Today, three years later, the duo are generating sales of approximately £15k/month. They are selling in Harvey Nichols, Daylesford, Whole Foods, soon in Harrods and are doubling turnover year-on-year.

    • In June 2017 Sauce Shop broke even
    • In September they won 5 Great Taste Awards
    • Now they are focused on achieving sales of over £25k/month this Christmas

    Prior to founding Sauce Shop James and Pam both worked in the food manufacturing business. They saw an opportunity in premium sauces and knew they could do better than the competition!

    Longer term their dream is to turn Sauce Shop into a global brand. They aim to enter a UK supermarket in 2018 and see export potential. They also added delicious mayonnaise to their product range.

    • what's being funded?

      2,500 cases of Sauce Shop products

      2,500 cases funded by 48 backers

      EARN OVER 9.0%
      FUNDED£25,000
      • 12 varieties of sauce (250ml)
      • 6 bottles per case
      • Includes original Smoky Chipotle
      • PLUS 3 NEW mayonnaise varieties
      • Winner: 2017 Great Taste Awards
    • The Proposal

      Sauce Shop's proposal is to raise £25,000 to repay after 6 months with a profit of 9%.

      The company will use the funds to deliver "a record-breaking Christmas". Stock will be manufactured to fulfill £20-25k of sales per month in Nov and Dec. 2,500 cases will be made of all 12 flavours.

      They will also spend on marketing, PR and an extra staff member over the busy time. This will include an entry in the Nottingham Cookbook which will also generate revenue from 200 book sales.

      Sauce Shop will also have a stand at the BBC Good Food Show in November. The company estimates this may yield additional sales of at least £3,000 above their base-case forecasts.

      The extra temporary staff will help with production, fulfillment and packing off e-commerce and wholesale orders. The Sauce Shop team will increase to 5.

      The offer is backed by 2,500 cases of product. This implies a price per bottle of £1.67 compared to £4.50 retail.

      Where Produced
      Nottingham, United Kingdom
      Amount Raised
      £25,000
      To Produce
      2,500 cases of sauce & mayonnaise
      Duration
      6 months
      Repayment date
      22nd March 2018
      Security
      100% of the product
    • Where’s It Selling?

Authenticate your account

Before you can start earning we need you to authenticate your account

Just check your inbox for our email and click on the enclosed link.

Close Resend Email

Saved!

Please continue on to claim your cashback.

Continue

Register your payment card

To confirm authenticity, please enter the last 4 digits of your credit or debit card.

Close Save these details
Find a Stockist