Roostar Factory

Roostar Factory

The new commissary kitchen

The new commissary kitchen

Overview

Raised this Round: Raised: $150,000

Total Commitments ($USD)

Platform

NextSeed

Start Date

09/09/2020

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

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

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.

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

Financials as of: 09/09/2020
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Roostar Factory on NextSeed
Platform: NextSeed
Security Type: Debt

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