Roostar Factory

BETA

The new commissary kitchen

Analytics

Raised to Date: $150,000

Aggregate Commitments $
Platform

NextSeed

Start Date

09/10/2020

Close Date

12/15/2020

Min. Goal

$50,000

Max. Goal

$150,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Weekly Commitments $
Status

Active

Reporting Date

09/20/2020

Days Remaining

84

% of Min. Goal

300%

% of Max. Goal

100%

Likelihood of Max
Avg. Daily Raise

$15,000

# of Investors

130

Momentum
Location

Houston, TX

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

Roostar Factory, the new commissary kitchen for Roostar Vietnamese Grill, is raising crowdfunding on NextSeed. It is a 975 square feet kitchen facility, an expansion of the original location of Roostar in Spring Branch. The kitchen will allow Roostar to streamline its delivery, takeout, and catering businesses. Roostar Factory is led by Linda Nguyen and Ronnie Nguyen. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $150,000, will be used for the construction of the kitchen. Roostar Factory will become the primary location for the delivery business of Roostar Vietnamese Grill and support the already established business of the restaurant.

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