The Rabbit Hole
Unique destination for craft cocktails
Overview
Raised: $328,900
Total Commitments ($USD)
Platform
NextSeed
Start Date
04/27/2021
Close Date
07/22/2021
Min. Goal
$275,000
Max. Goal
$350,000
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
07/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$3,869
# of Investors
374
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
The Rabbit Hole, an upcoming destination for beer, wine, and cocktails in Houston, Texas, is raising crowdfunding on NextSeed. The unique destination will offer great drinks and a warm atmosphere and will also feature an in-house kitchen serving delicious pub fare. William Daniel and Ian Frascati founded The Rabbit Hole in December 2020. The current crowdfunding round has a minimum raise of $275,000 and a maximum raise of $350,000, and the funds will be used towards the buildout of the space, furniture, equipment, and working capital. The Rabbit Hole is led by an experienced team and will bring a historic charm to the nightlife scene in Houston.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-3,000 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$2,000 |
$1,500 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$2,000 |
$1,500 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 04/27/2021
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