The Toasted Coconut

The Toasted Coconut

The Toasted Coconut plans to add a touch of tropical to Houston’s Montrose neighborhood.

The Toasted Coconut plans to add a touch of tropical to Houston’s Montrose neighborhood.

Overview

Raised this Round: Raised: $250,000

Total Commitments ($USD)

Platform

NextSeed

Start Date

05/09/2019

Close Date

06/27/2019

Min. Goal
$107,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.00%

Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Location

Houston, Texas

The Toasted Coconut, a tropical restaurant in Houston, is raising funds on NextSeed. The restaurant is bringing an island escape to Texas with its tiki-inspired drinks and innovative food. The ambiance of The Toasted Coconut gets completed with a large patio with beach sand, tropical plants, and palms. The Toasted Coconut is owned by the team behind Nobie’s, including Martin Stayer, Sara Stayer, and Stephen Stayer and is scheduled to open doors in June 2019. The proceeds of the current crowdfunding round, with a minimum raise of $107,000 and a maximum raise of $250,000, will be used for the buildout of the restaurant, construction, landscaping, design elements, and equipment furnishings. The owners of The Toasted Coconut already run Nobie’s successfully and are highly experienced in the business.
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The Toasted Coconut on NextSeed
Platform: NextSeed
Security Type: Debt

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