Savorhood - Gettysburg

First artisan food hall experience in historic Gettysburg

Overview

Raised to Date: Raised: $102,875

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/27/2022

Close Date

04/30/2023

Min. Goal

$100,000

Max. Goal

$1,235,000

Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

Funding Type

RegCF

Interest Rate

9.00%

Term Length

2.0 years

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/01/2023

Days Remaining

88

% of Min. Goal

103%

% of Max. Goal

8%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,061

# of Investors

30

Momentum
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Location

Gettysburg, Pennsylvania

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

Savorhood - Gettysburg is raising funds on Wefunder. The company is building a one-stop eating and drinking location to bring local artisan chefs and beverage makers together. Savorhood - Gettysburg is a cultural movement and will include a 14,000 sq ft dining and event space for ten eateries, two bars, and an event space with ample parking. The business will retain 20% of the gross profit from each restaurant and 30% from the brewery. Steve Burton founded Savorhood - Gettysburg in July 2022. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1.24 million. The campaign proceeds will be used for making tenant improvements to the property, marketing, house supplies and equipment, and legal and consulting fees.

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

$47,665

$0

Total Liabilities

$47,665

$0

Financials as of: 10/27/2022
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Savorhood – Gettysburg on Wefunder 2022
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Platform: Wefunder
Security Type: Debt

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