What is 86 This?
86 This operates as a local "take-out" cafe situated in downtown Ellsworth. The company specializes in preparing fresh, locally-sourced wraps and burritos, catering to a demand for convenient and quality food options within its community. The recent influx of capital suggests a strategic move to scale operations, potentially expanding its footprint or enhancing its service offerings.
How much funding has 86 This raised?
86 This has raised a total of $78K across 1 funding round:
Debt
$78K
Debt (2021): $78K with participation from PPP
Key Investors in 86 This
PPP
Public-Private Partnership
What's next for 86 This?
With substantial expansion capital secured, 86 This is poised for significant growth. The company's focus on fresh, local ingredients for its wraps and burritos, combined with its downtown Ellsworth location, provides a strong foundation. Future strategies will likely involve leveraging this investment to increase production capacity, explore new market segments, or enhance its digital presence to reach a broader customer base. This funding round is a clear indicator of investor confidence in 86 This's business model and its potential for broader market penetration.
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