TK
TK

Texadelphia Katy

Texadelphia Katy

Closed: Jan. 2020

About this raise

Texadelphia Katy, a new and improved version of Texadelphia franchise in Katy, is raising funds on NextSeed. The upcoming restaurant will combine the popular food of established Texadelphia restaurant with a sports bar atmosphere. Texadelphia Katy is set to have 30 TV screens, in addition to a full bar and sky lounge. Texadelphia Katy is owned by Jeremy Sanders and Kenny Owen, who have already successfully established the Galveston location. The proceeds of the current crowdfunding round, with a minimum target of $125,000 and a maximum target of $150,000, will be used for construction costs and operating expenses. Texadelphia Katy comes from the legacy of Texadelphia restaurant chain, established since 1981, with 15 locations across Texas and Oklahoma.

Investment Overview

Invested this round: $150,000

Deal Terms

Total Commitments

Platform
NextSeed
Start Date
11/14/2019
Close Date
01/23/2020
Min. Goal
$125,000
Max Goal
$150,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    

Interest Rate

15.00%

Financials

 Revenue
$0
as of FY18
 Cash on Hand
$0
as of FY18
View Detailed Financials

Summary Profit and Loss Statement

FY 2018 FY 2017

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2018 FY 2017

Cash

$0

$0

Accounts Receivable

$17,301

$0

Total Assets

$40,062

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/23/2020 NextSeed - $150,000 Debt Funded RegCF
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