Carmelo's
Iconic neighborhood Italian restaurant under new ownership of prominent local restaurateur.
Overview
Raised: $276,100
Total Commitments ($USD)
Platform
NextSeed
Start Date
02/14/2019
Close Date
04/30/2019
Min. Goal
$150,000
Max. Goal
$600,000
Min. Investment
$100
Security Type
Revenue Share
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/04/2019
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$3,731
# of Investors
321
Momentum
Funded
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Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
Houston, Texas
Carmelo’s, an iconic Italian restaurant, is raising crowdfunding on NextSeed. Carmelo’s Cucina Italiana has been in existence for 38 years. After being bought by Benjamin Berg from Carmelo Mauro in December 2017, the restaurant is undergoing a remodel. Carmelo’s is well-known for its delicious pasta and Italian food. The current crowdfunding round has a minimum target of $150,000 and a maximum target of $600,000. It seems to be a good investment as Carmelo’s is famous among the locals and focuses on locally-sourced produce. The new executive chef of Carmelo’s is a veteran of Michelin-starred restaurants in Milan and New York City.
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