This company is no longer in business. Investors can get details about any potential exits or failures here.
Shoot The Moon
A first-to-market restaurant concept
Overview
Raised: $409,000
Total Commitments ($USD)
Platform
NextSeed
Start Date
10/05/2020
Close Date
02/25/2021
Min. Goal
$100,000
Max. Goal
$535,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.45X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/27/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,880
# of Investors
480
Momentum
Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Shoot The Moon, an innovative restaurant concept in Houston, Texas, is raising funds on NextSeed. The restaurant will offer a self-service tap wall with over 80 options of craft beer, wine, cocktails, and spirits, in addition to a food menu with pizza, starters, and healthy options. Shoot The Moon is owned by Kevin Floyd, Dax McAnear, and Jonas Herd. The current crowdfunding round has a minimum target of $100,000 and a maximum target of $535,000, and the funds will be used for the interior and exterior fittings, kitchen equipment, menu development, and staff training. Shoot The Moon is offering an innovative concept to Houston by eliminating frustration points. The service of food and drinks will be timed well for efficient turn times and higher daily sales volumes.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-171,611 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$251,269 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$331,112 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$36,723 |
$0 |
|
Total Liabilities |
$36,723 |
$0 |
Financials as of: 10/05/2020
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