Blanc & Noir

Blanc & Noir

Closed: Mar. 2023

About this raise: 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.

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Investment Overview

Not Funded: $0

Deal Terms

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    Open SEC Filing

Return Multiple

1.60X

Rev. Share %

12.50%

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Houston, Texas
Business Type
Life Style
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Will Felix
Title
Marketing Manager
Founder Name
Ulysses Grant
Title
Investment Coordinator
Founder Name
Ishme Allah
Title
Real Estate Manager
Founder Name
Nicholas Ozuna
Title
Operator

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$16,964
 Runway
0 months

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/04/2023 Republic - $0 Revenue Share Not Funded RegCF
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Blanc & Noir on Republic 2022
Platform: Republic
Security Type: Revenue Share

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