This company is no longer in business. Investors can get details about any potential exits or failures here.

Bao Bros. Bistro

Bao Bros. Bistro

Asian-Fusion — Bao, Boba, Beer

Asian-Fusion — Bao, Boba, Beer

Overview

Raised this Round: Raised: $73,146

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/09/2020

Close Date

12/02/2020

Min. Goal
$50,000
Max. Goal
$150,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Houston, Texas

Business Type

Life Style

Bao Bros. Bistro, an Asian fusion restaurant in Houston, Texas, is raising funds on Wefunder. The restaurant has a unique concept where it gives a new twist to Asian dishes with a fusion of flavors. Bao Bros. Bistro also has specific options for people with dietary restrictions. Christopher G. Garcia Jr. founded Bao Bros. Bistro in February 2019. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $150,000, will be used for construction and kitchen equipment. Bao Bros. Bistro has high growth potential as it plans to expand through grocery stores and franchise model. The restaurant also aims to create a positive social impact by returning 20% of its profits to the community.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$35

$0

 

 

Net Income

$-7,910

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,673

$0

Accounts Receivable

$0

$0

Total Assets

$41,257

$0

Short-Term Debt

$322

$0

Long-Term Debt

$0

$0

Total Liabilities

$322

$0

Financials as of: 08/09/2020
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Bao Bros. Bistro on Wefunder
Platform: Wefunder
Security Type: Revenue Share

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