Ronin Harrisburg

Ronin Harrisburg

Third location for a growing, all-inclusive event space business

Third location for a growing, all-inclusive event space business

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

NextSeed

Start Date

02/26/2020

Close Date

04/23/2020

Min. Goal
$75,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Debt

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/25/2020

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2019

Industry

Business Services, Software, & Applications

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Houston, Texas

Business Type

Life Style

Ronin Harrisburg, a premium boutique event venue in Houston, is raising funds on NextSeed. The company already operates Ronin Art House with two event spaces that combine industrial aesthetics with a sophisticated edge. Ronin 1 and 2 can accommodate up to 75 guests each while Ronin Harrisburg, the upcoming third location, will be able to host larger events. Ronin Art House was founded by Nebyou Bedru in 2013, and the same team is building Ronin Harrisburg. The current round of crowdfunding has a minimum target of $75,000 and a maximum target of $107,000, and the funds will be used towards construction, marketing, operating expenses, bar equipment, furniture and fixtures, signage, and kitchen equipment. Ronin Harrisburg will be led by an experienced management team and targets revenues to exceed $650,000 in the first year and reaching over $1.1 million by the fourth year.

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

$35,000

$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: 02/26/2020
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Ronin Harrisburg on NextSeed
Platform: NextSeed
Security Type: Debt

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Warning: according to the close date for this deal, Ronin Harrisburg may no longer be accepting investments.

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