Blanc & Noir
Unique dual-concept hospitality space in one of Houston's hottest neighborhoods
Overview
Raised: $0
Total Commitments ($USD)
Platform
Republic
Start Date
10/21/2022
Close Date
03/04/2023
Min. Goal
$100,000
Max. Goal
$750,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rev. Share %
12.50%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/05/2023
Days Remaining
Not Funded
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Blanc & Noir is raising funds on Republic. It is an upcoming dual-concept hospitality space in Houston, Texas. The business serves coffee in the morning and spirits at night to generate revenue 19 hours a day. The coffee shop, Blanc, will have a relaxed and welcoming vibe, while the speakeasy, Noir, will bring elegance and sophistication to the place. Blanc & Noir is managed by experienced operators and has projected an annual income of $2.4 million with a $1.3 million net profit. Nick Ozuna and William Felix III founded Blanc & Noir in May 2019. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $750,000. The campaign proceeds will be used for construction, marketing, and strategic partnerships.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-203,568 |
$-25,153 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$8,097 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$10,251 |
$18,348 |
|
Short-Term Debt |
$122,840 |
$6,375 |
|
Long-Term Debt |
$20,809 |
$37,050 |
|
Total Liabilities |
$143,649 |
$43,425 |
Financials as of: 10/21/2022
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