# East End Backyard

Closed: Jun. 2019

This company is no longer in operation. Investors may have realized an exit or liquidation.

## 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

Return Multiple:  
1.40X  
Rev. Share %:  
11.50%

### Company & Team

#### Company

Year Founded: 2018  
Industry: Food, Beverage, & Restaurants  
Location: Houston, Texas  
Company Website: [Visit Website](http://eastendbackyard.com/)

#### Team

Employees: 3  
Founder Name: Brian Ching  
Title: Owner  
[View Brian Ching LinkedIn profile](https://www.linkedin.com/in/brian-ching-64830a39/)

## Financials

Revenue:  
$0  
Monthly Burn:  
$164  
Runway:  
0 months

### 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 |

## 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 |