Cherry Block Craft Butcher and Texas Kitchen
Texans feeding Texans
Overview
Raised: $400,000
Total Commitments ($USD)
Platform
NextSeed
Start Date
05/13/2021
Close Date
07/22/2021
Min. Goal
$275,000
Max. Goal
$400,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.45X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$5,797
# of Investors
403
Momentum
Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Cherry Block Craft Butcher and Texas Kitchen, an upcoming steakhouse in Houston, TX, is raising crowdfunding on NextSeed. The restaurant aims to break the prototypical steakhouse image and become truly local and approachable. The business will offer a unique experience to its customers by harvesting, butchering, cooking, and serving without any break in the supply chain. Felix Flores founded Cherry Block Craft Butcher and Texas Kitchen in January 2021. The current crowdfunding round has a minimum raise of $275,000 and a maximum raise of $400,000, and the proceeds will be used for interior construction, furniture, furnishings, design and engineering, and working capital. Cherry Block Craft Butcher and Texas Kitchen is led by an experienced team and will work closely with its ethos of Texans Feeding Texans.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 05/13/2021
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