HG SPLY CO.

HG SPLY CO.

Open  for investment

About this raise

HG SPLY CO., with a valuation of $6 million, is raising funds on StartEngine. It is a health-driven, full-service restaurant chain with multiple established locations. HG SPLY CO. is currently raising funds for its upcoming location in Rockwall, Texas. The new location will offer breathtaking views of the Dallas skyline and Lake Ray Hubbard and has premier accessibility, visibility, and parking. The restaurant location has civil and shell permits in hand and is expected to start construction in the second quarter of 2025. Elias Pope and Sameer Patel founded HG SPLY CO. in April 2015. The current crowdfunding campaign has a minimum target of $124,000 and a maximum target of $4 million. The campaign proceeds will be used for furniture, fixtures, equipment, construction, pre-opening expenses, signage, and working capital.

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Investment Overview

Committed this round: $275,602

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
01/27/2025
Close Date
04/28/2025
Min. Goal
$124,000
Max Goal
$4,000,000
Min. Investment

$500

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$6,000,000

Company & Team

Company

Year Founded
2015
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Rockwall, Texas
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Elias Pope
Title
Co-CEO & Manager
Founder Name
Sameer Patel
Title
Co-CEO, Manager & Principle Accounting Officer

Financials

as of December 31, 2024
 Revenue
$0
 Monthly Burn
$5,110
 Runway
0 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$11,050

$11,570

 

 

Net Income

$-61,322

$-60,224

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,862

$5,652

Accounts Receivable

$0

$0

Total Assets

$1,249,175

$1,234,439

Short-Term Debt

$32,618

$27,825

Long-Term Debt

$795,780

$816,531

Total Liabilities

$828,398

$844,356

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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
04/28/2025 StartEngine $6,000,000 $275,602 Equity - Common Active RegCF
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Add to portfolio
HG SPLY CO. on StartEngine 2025
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,000,000
Price per Share: $1.00

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Follow HG SPLY CO. on StartEngine 2025

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