Oregon-based healthy convenience store Green Zebra, which currently has three locations around Portland and one under construction, recently raised close to $9 million to fuel its expansion on the West Coast. Lisa Sedlar, who founded Green Zebra, and has worked with Fresh Fields and Whole Foods Market, told the LA Times that the $9 million capital includes $400,000 of her own money. Sedlar also added that she planned to open two dozen locations from San Diego to Seattle by 2023 but hoped to reach a goal of 100 stores.
Green Zebra stores measure roughly 5,000 sq. ft., which is twice the size of a traditional 7-Eleven and cost about $1.5 million to set up. Green Zebra offers its customers a better-for-you convenience store experience with organic and healthy foods, freshly-prepared meals and hyper-local ingredients and offerings such as Stumptown Coffee and Kombucha Slushies as well as beer and wine.
The company is expected to earn a revenue of $12 million this year.