Ronin Harrisburg
Third location for a growing, all-inclusive event space business
Overview
Raised: $0
Total Commitments ($USD)
Platform
NextSeed
Start Date
02/26/2020
Close Date
04/24/2020
Min. Goal
$75,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Debt
Series
Series A
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/25/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2019
Industry
Business Services, Software, & Applications
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Ronin Harrisburg, a premium boutique event venue in Houston, is raising funds on NextSeed. The company already operates Ronin Art House with two event spaces that combine industrial aesthetics with a sophisticated edge. Ronin 1 and 2 can accommodate up to 75 guests each while Ronin Harrisburg, the upcoming third location, will be able to host larger events. Ronin Art House was founded by Nebyou Bedru in 2013, and the same team is building Ronin Harrisburg. The current round of crowdfunding has a minimum target of $75,000 and a maximum target of $107,000, and the funds will be used towards construction, marketing, operating expenses, bar equipment, furniture and fixtures, signage, and kitchen equipment. Ronin Harrisburg will be led by an experienced management team and targets revenues to exceed $650,000 in the first year and reaching over $1.1 million by the fourth year.
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 |
$35,000 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 02/26/2020
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