Cartel Coffee Lab Inc. is calling all coffee aficionados to purchase a piece of its business as it brews up a strategy to expand in California.
The Tempe-based coffee chain — which does business as Cartel Roasting Co. — was started by husband-and-wife team Jason and Amy Silberschlag nearly two decades ago.
It is now offering equity to those who invest at least $300. It’s soliciting co-owners through a campaign on StartEngine, an equity crowdfunding platform, and hopes to raise about $1.2 million. That represents about 250,000 shares at $5 each.