The Toasted Coconut on NextSeed

The Toasted Coconut plans to add a touch of tropical to Houston’s Montrose neighborhood.

Raise to date: $250,000

Reporting Date: 06/30/2019

Key Stats

Minimum Raise

$107,000

Maximum Raise

$250,000

Likelihood of Max Exceeded
Start Date

05/10/2019

Stop Date

06/27/2019

Days Remaining

19999883

Security Type

Debt

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

152

% of Minimum Raised

234%

% of Maximum Raised

100%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$5,208

DPD* Category

$1,023

DPD* All Companies

$1,085

Kingscrowd Momentum

$250,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

The Toasted Coconut, a tropical restaurant in Houston, is raising funds on NextSeed. The restaurant is bringing an island escape to Texas with its tiki-inspired drinks and innovative food. The ambiance of The Toasted Coconut gets completed with a large patio with beach sand, tropical plants, and palms. The Toasted Coconut is owned by the team behind Nobie’s, including Martin Stayer, Sara Stayer, and Stephen Stayer and is scheduled to open doors in June 2019. The proceeds of the current crowdfunding round, with a minimum raise of $107,000 and a maximum raise of $250,000, will be used for the buildout of the restaurant, construction, landscaping, design elements, and equipment furnishings. The owners of The Toasted Coconut already run Nobie’s successfully and are highly experienced in the business.

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