Texadelphia Katy on NextSeed

Expanding an updated concept for a popular restaurant franchise to Katy, TX

Raise to date: $38,500

Reporting Date: 12/04/2019

Key Stats

Minimum Raise

$125,000

Maximum Raise

$150,000

Likelihood of Max Likely
Start Date

11/14/2019

Stop Date

01/23/2020

Days Remaining

49

Security Type

Debt

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

63

% of Minimum Raised

31%

% of Maximum Raised

26%

Dollars Per Day to Reach Max

$2,276

DPD* Committed

$1,925

DPD* Category

$0

DPD* All Companies

$1,441

Kingscrowd Momentum

$38,500

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Texadelphia Katy, a new and improved version of Texadelphia franchise in Katy, is raising funds on NextSeed. The upcoming restaurant will combine the popular food of established Texadelphia restaurant with a sports bar atmosphere. Texadelphia Katy is set to have 30 TV screens, in addition to a full bar and sky lounge. Texadelphia Katy is owned by Jeremy Sanders and Kenny Owen, who have already successfully established the Galveston location. The proceeds of the current crowdfunding round, with a minimum target of $125,000 and a maximum target of $150,000, will be used for construction costs and operating expenses. Texadelphia Katy comes from the legacy of Texadelphia restaurant chain, established since 1981, with 15 locations across Texas and Oklahoma.

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