Savorhood - Gettysburg
First artisan food hall experience in historic Gettysburg
Overview
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
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
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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