When Stephane Saint Louis, initially of Haiti, and Steven Vargas of Petaluma, CA, obtained their first spherical of stimulus checks final 12 months, the pair knew they needed to put the cash to good use. The pair dreamt of beginning a restaurant of their very own, however capital was tight and a pandemic was raging. Thus, Saint Louis and Vargas opted to place their stimulus checks to good use.
They used them to buy Tesla stock. It was seen as a final resort of kinds for the pair, as they realized that their S(BA) loans will probably not be out there contemplating the challenges of the pandemic.
The $2,400 funding from the pair of cooks was notable, however they believed that in the event that they performed their playing cards proper, they may in all probability double their cash. Tesla, in any case, appeared to be hitting its stride, propelled by a string of worthwhile quarters and ongoing initiatives in Gigafactory Berlin, Shanghai, and Texas.
Thankfully for Saint Louis and Vargas, they purchased Tesla simply as the electrical automobile maker was about to rise to new heights. The pair noticed their humble funding not simply double, however develop to excess of they anticipated. The 2 finally used their $17,000 return as capital for their very own enterprise, known as Desk Tradition Provisions in Petaluma.
The pair of cooks and Tesla supporters took the place of a earlier institution within the Petaluma space. Saint Louis and Vargas are assured of their enterprise, guaranteeing that their menu is 100% domestically sourced, with meals and produce from farmers in Petaluma and across the Bay Space. Thus, the pair’s menu finally ends up being completely different day-after-day, since they create them based mostly on the native elements out there.
To additional help the native meals neighborhood, the restaurant additionally doubles as a small market with objects akin to bread, lemon desserts, and different desserts. Saint Louis and Vargas, for his or her half, have famous that they plan to promote different merchandise from different Bay Space companies from their restaurant as nicely.
Watch ABC’s phase on the Tesla investors-turned-restauranteur within the video beneath.
Don’t hesitate to contact us for information ideas. Simply ship a message to email@example.com to offer us a heads up