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East End Backyard

East End Backyard

Closed: Jun. 2019

About this raise

East End Backyard, a large dog-friendly patio bar in Houston, is raising funds on NextSeed. The bar will soon be launched as an affordable and relaxing social venue for the East Downtown neighborhood. East End Backyard will feature a massive patio, an attached dog park, an expensive lawn, fire pit, lawn games, and a community garden. The bar is being launched by Brian Ching, the owner of Pitch 25 in the same neighborhood. The proceeds of the current crowdfunding round, with a minimum target of $100,000 and a maximum target of $175,000, will be used towards startup expenses and assets. East End Backyard holds strong potential as it is backed by an experienced founder and has a number of unique and first-in-class features.

Investment Overview

Invested this round: $175,000

Deal Terms

Total Commitments

Platform
NextSeed
Start Date
05/08/2019
Close Date
06/28/2019
Min. Goal
$100,000
Max Goal
$175,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    

Return Multiple

1.40X

Rev. Share %

11.50%

Financials

 Revenue
$0
as of FY18
 Monthly Burn
$164
as of FY18
 Runway
0 months
as of FY18

Summary Profit and Loss Statement

FY 2018 FY 2017

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,968

$0

Summary Balance Sheet

FY 2018 FY 2017

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$12,950

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/28/2019 NextSeed - $175,000 Revenue Share Funded RegCF
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