Texadelphia Katy
Expanding an updated concept for a popular restaurant franchise to Katy, TX
Overview
Raised: $150,000
Total Commitments ($USD)
Platform
NextSeed
Start Date
11/13/2019
Close Date
01/23/2020
Min. Goal
$125,000
Max. Goal
$150,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/01/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,143
# of Investors
139
Momentum
Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
Houston, Texas
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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