Roostar Factory

Roostar Factory

Closed: Nov. 2020

About this raise

Roostar Factory, the new commissary kitchen for Roostar Vietnamese Grill, is raising crowdfunding on NextSeed. It is a 975 square feet kitchen facility, an expansion of the original location of Roostar in Spring Branch. The kitchen will allow Roostar to streamline its delivery, takeout, and catering businesses. Roostar Factory is led by Linda Nguyen and Ronnie Nguyen. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $150,000, will be used for the construction of the kitchen. Roostar Factory will become the primary location for the delivery business of Roostar Vietnamese Grill and support the already established business of the restaurant.

Expand

Investment Overview

Invested this round: $150,000

Deal Terms

Total Commitments ($USD)

Platform
NextSeed
Start Date
09/10/2020
Close Date
11/25/2020
Min. Goal
$50,000
Max Goal
$150,000
Min. Investment

$100

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2012
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Houston, Texas
Business Type
Life Style
Company Website
Visit Website

Team

Employees
20
Founder Name
Linda Nguyen
Title
Owner
Founder Name
Ronnie Nguyen
Title
Co-Owner

Financials

 Revenue +21% YoY
$1,729,845
 Cash on Hand
$0

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

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/25/2020 NextSeed - $150,000 Debt Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Roostar Factory on NextSeed
Platform: NextSeed
Security Type: Debt

Follow company

Follow Roostar Factory on NextSeed

Buy Roostar Factory's Deal Report

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

Roostar Factory Deal Report

Get Kingscrowd's comprehensive report on Roostar Factory including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Roostar Factory is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Roostar Factory deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge