Fuel & Iron

Building a food hall and apartments in a historic building in downtown Pueblo, CO

Analytics

Raised to Date: $18,200

Aggregate Commitments $
Platform

Wefunder

Start Date

03/05/2021

Close Date

04/30/2022

Min. Goal

$70,000

Max. Goal

$150,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$207,000

Rolling Commitments $
Status

Active

Reporting Date

04/21/2021

Days Remaining

372

% of Min. Goal

26%

% of Max. Goal

12%

Likelihood of Max
likely
Avg. Daily Raise

$387

Momentum
cold
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Location

Denver, Colorado

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Business Type

Life Style

Fuel & Iron, with a pre-money valuation of $207,000, is raising funds on Wefunder. The company plans to develop a food hall and apartments in a historic building in Pueblo, Colorado. The project will revitalize Pueblo, with the apartments expected to be ready by November 2021 and the food hall by June 2022. Nathan Stern and Zach Cytryn founded Fuel & Iron in January 2019. The proceeds of the current crowdfunding raise, with a minimum target of $70,000 and a maximum target of $150,000, will be used for MEP engineering, energy modeling, civil engineering, marketing, food hall interior design documents, and pre-opening fees for food hall operator. Fuel & Iron will serve as the incubator for the next-generation restaurants in Pueblo, along with the 28 affordable housing units.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-8,603

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$0

$97

Accounts Receivable

$0

$0

Total Assets

$0

$97

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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