Vidorra Addison on NextSeed

Second location for the successful Vidorra restaurant brand

Raise to date: $14,400

Reporting Date: 03/25/2020

Key Stats

Minimum Raise

$200,000

Maximum Raise

$500,000

Likelihood of Max Unlikely
Start Date

03/05/2020

Stop Date

06/04/2020

Days Remaining

67

Security Type

Revenue Share

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

45

% of Minimum Raised

7%

% of Maximum Raised

3%

Dollars Per Day to Reach Max

$7,248

DPD* Committed

$720

DPD* Category

$0

DPD* All Companies

$966

Kingscrowd Momentum

$14,400

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Vidorra Addison, the second location of the Vidorra restaurant brand, is raising funds on NextSeed. The new restaurant will be located in Village on the Parkway in Addison and will be modeled similar to the original location in Dallas. Vidorra Addison will offer authentic Mexican food, a full bar, and a vibrant atmosphere. Vidorra Addison is owned by Milkshake Concepts, founded by Imran Sheikh, Asim Sheikh, and James Faller in 2015 while the first location of Vidorra was opened in 2018. The proceeds of the current round of crowdfunding, with a minimum goal of $200,000 and a maximum goal of $500,000, will be used towards construction costs, inventory, furniture, fixtures and equipment, and working capital. Vidorra Addison has attractive financials, with projected sales of more than $5 million in the first year.

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