Rally Point Grille Franchising
A veteran-themed restaurant franchise system
Overview
Raised: $600
Total Commitments ($USD)
Platform
Folla Capital
Start Date
12/06/2023
Close Date
08/27/2024
Min. Goal
$20,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.20X
Profit Share %
50.00%
Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Rally Point Grille Franchising is raising funds on Folla Capital. It is a veteran-owned restaurant franchise that offers exceptional dining experience for guests and comprehensive support for franchisees. Rally Point Grille Franchising locates its franchises near military bases in the states of Georgia, South Carolina, North Carolina, Tennessee, and Alabama and generates revenue through royalty fees and financing interest payments. Carrie Roeger and Ralph Roeger founded Rally Point Grille Franchising in August 2021. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $124,000. The campaign proceeds will be used to expand the current operations and scale the operations through franchising.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$3,903 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-59,116 |
$-3,903 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$5,534 |
$0 |
|
Accounts Receivable |
$338,448 |
$0 |
|
Total Assets |
$343,982 |
$161,903 |
|
Short-Term Debt |
$3,954 |
$0 |
|
Long-Term Debt |
$386,267 |
$150,000 |
|
Total Liabilities |
$390,221 |
$150,000 |
Financials as of: 12/06/2023
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Rally Point Grille Franchising | 08/27/2024 | Folla Capital | - | $600 | Revenue Share | Not Funded | RegCF |
| Rally Point Grille Franchising | 05/18/2024 | Folla Capital | - | $10,000 | Revenue Share | Funded | RegD 506(c) |
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