About the Business
Alissa Lees O/A Nourish Kitchen and Bakery
5610 46 st SE
Alissa Lees O/A Nourish Kitchen and Bakery is a sole proprietor in the province of Alberta.
Alissa Lees has been an avid home baker all her life. Having spent most of her professional career in the food & beverage industry and after being diagnosed as celiac, it didn’t take her long to see the potential of her business idea. Having first hand experience knowing how challenging it can be to find foods that are gluten free, healthy and delicious, she has taken great pride in the tasty creations she can provide for her customers.
Description of Business
Nourish Kitchen and Bakery makes delicious, gluten-free creations as well as a range of vegan and paleo options. With products ranging from wholesome breads and delectable doughnuts to hearty pancakes and euphoric eclairs, there is something for every taste bud and dietary need. Better yet, all of these tasty treats can be ordered right to your door, or your favorite local partner store.
Initially selling through local markets, the business started to gain traction with orders from hotels, stores and local cafes. Seeing the potential of these larger clients Nourish has continued to supply this growing group of customers, while developing some additional unique sales methods, such a successful online delivery model and popup shops in partner businesses. Now their customers can order their products to wherever is easiest for them to pick up, knowing they are getting some of the freshest, most delicious gluten-free baking in the area.
Nourish Kitchen and Bakery pride themselves in being an Earth friendly, socially-aware, triple bottom line company. They choose to purchase locally-sourced, fairly-traded, sustainable goods, and as much as possible, as they want to ensure you are receiving something you can feel good about physically and morally.
Use of the Funds
Nourish Kitchen and Bakery is going through some exciting growth including establishing a physical production and store location in Calgary. As part of this growth, their $25,000 LendR loan will help them:
Terms of LendR Loans
Loans will have a term of 2 years (24 months), beginning after the loan is successfully funded. Alissa Lees O/A Nourish Kitchen and Bakery will repay the principal plus 15% interest, calculated as a blended loan. Alissa Lees O/A Nourish Kitchen and Bakery will make monthly payments of 1/24 the total repayment amount. If Alissa Lees O/A Nourish Kitchen and Bakery chooses to repay the loan early, the principal plus the full interest remaining in the 24 month period must be paid.
Alissa Lees O/A Nourish Kitchen and Bakery has been in business for under two years. There are financial, operational, and market risks for any business. Some that apply specifically to this business include:
Costs of ingredients can change affecting margins
While research seems to show that the prevalence and not just the ability to detect celiac disease has risen over time, there is always the small possibility that a cure may be found
This Lending Profile does not contain a statement that, in a material respect and at the time and in light of the circumstances in which it is made, is misleading or untrue and it does not fail to state a fact that is required to be stated or that is necessary to make a statement not misleading.
Certified as of: April 30, 2018
By: Alissa Lees