Bao Bros. Bistro

Neutral
BETA

Asian-Fusion — Bao, Boba, Beer

Analytics

Raised to Date: $67,051

Aggregate Commitments $
Platform

Wefunder

Start Date

08/10/2020

Close Date

12/02/2020

Min. Goal

$50,000

Max. Goal

$150,000

Min. Investment

$100

Security Type

Revenue Share

Funding Type

RegCF

Series

Seed

Valuation

$1,000,000

Weekly Commitments $
Status

Active

Reporting Date

09/23/2020

Days Remaining

67

% of Min. Goal

134%

% of Max. Goal

45%

Likelihood of Max
Avg. Daily Raise

$1,524

# of Investors

51

Momentum
Location

Houston, TX

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

Life Style

Bao Bros. Bistro, an Asian fusion restaurant in Houston, Texas, is raising funds on Wefunder. The restaurant has a unique concept where it gives a new twist to Asian dishes with a fusion of flavors. Bao Bros. Bistro also has specific options for people with dietary restrictions. Christopher G. Garcia Jr. founded Bao Bros. Bistro in February 2019. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $150,000, will be used for construction and kitchen equipment. Bao Bros. Bistro has high growth potential as it plans to expand through grocery stores and franchise model. The restaurant also aims to create a positive social impact by returning 20% of its profits to the community.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$35

$0

 

 

Net Income

$-7,910

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$1,673

$0

Accounts Receivable

$0

$0

Total Assets

$41,257

$0

Short-Term Debt

$322

$0

Long-Term Debt

$0

$0

Total Liabilities

$322

$0

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