Golden Hour
[Closed for Investment] Golden Hour is raising funds on SMBX. It is a restaurant and bar in Austin, Texas, known for its European-style food and wine. Golden Hour offers a cafe environment in the day with specialty coffee and breakfast burritos and transitions into a wine bar by the evening. The business has a loyal customer base and is known for its 100% natural wine list, craft beers, wine-based cocktails, and special food. Barclay Stratton and Evan Dunivan founded Golden Hour in November 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $50,000. The campaign proceeds will be used for debt consolidation, marketing, and operations.
Investment Overview
Raised: $31,070
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +881% YoY
- $739,865
- Monthly Burn
- $7,291
-
Runway
- 2.4 months
- Gross Margin
- 53%
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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 |
---|---|---|---|---|---|---|
05/28/2024 | SMBX | - | $31,070 | Debt | Funded | RegCF |