NettBar Shady Acres

NettBar Shady Acres

Family-friendly neighborhood haunt

Family-friendly neighborhood haunt

Overview

Raised to Date: Raised: $386,000

Total Commitments ($USD)

Platform

NextSeed

Start Date

08/15/2021

Close Date

10/03/2021

Min. Goal
$150,000
Max. Goal
$400,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.40X

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$7,878

# of Investors

302

Momentum
Funded
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Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Houston, Texas

Business Type

Life Style

NettBar Shady Acres is raising funds on NextSeed. The business functions as a family entertainment venue and is planning to open a second location. The new location will have more outdoor space, a fenced area for family-friendly activities, a dedicated kitchen, and a beverage program with an extensive whiskey selection. The current location of NettBar already brings the community together and serves as a place for fun and socialization. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $400,000. The campaign proceeds will be used to set up and launch the new location.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-103,248

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$10,885

$0

Accounts Receivable

$0

$0

Total Assets

$10,885

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 08/15/2021
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NettBar Shady Acres on NextSeed 2021
Platform: NextSeed
Security Type: Revenue Share

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