Common Bond Garden Oaks
New drive-thru location
Overview
Raised: $225,000
Total Commitments ($USD)
Platform
NextSeed
Start Date
11/09/2020
Close Date
01/24/2021
Min. Goal
$100,000
Max. Goal
$225,000
Min. Investment
$200
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,961
# of Investors
90
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Common Bond Garden Oaks, a new location of an exciting bakery and bistro concept, is raising funds on NextSeed. The bakery and bistro already has four existing locations and serves quick and premium food, baked goods, and coffee. The new location is placed in a popular and fast-growing part of Houston, and the community is already excited about its opening. Common Bond Garden Oaks is led by George Joseph and was founded in June 2020. The current round of crowdfunding has a minimum target of $100,000 and a maximum target of $225,000, and the funds will be used for the buildout, equipment, furniture, and working capital for the new location. Common Bond Garden Oaks will offer high-quality food and coffee to the locals in a laid-back casual atmosphere.
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: 11/09/2020
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