Roostar Factory

Neutral
BETA

The new commissary kitchen

Analytics

Raised to Date: $150,000

Aggregate Commitments $
Platform

NextSeed

Start Date

09/10/2020

Close Date

11/25/2020

Min. Goal

$50,000

Max. Goal

$150,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Series

Seed

Weekly Commitments $
Status
Funded
Reporting Date

11/30/2020

Days Remaining
Funded
% of Min. Goal

300%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$1,974

# of Investors

133

Momentum
Funded
Location

Houston, Texas

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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