# Railway Heights Market

Closed: Nov. 2019

## About this raise

Railway Heights Market, an innovative marketplace, is raising funds on NextSeed. The marketplace is being launched as a combination of a food hall, beer garden, and artisan market in Houston. Railway Heights Market will feature retail shops, a wine bar, food concepts, and a weekly farmers market. The marketplace is expected to be launched in November 2019 by the co-founders Anh Mai and Liam Nguyen. The proceeds of the current crowdfunding round, with a minimum raise of $5,000 and a maximum raise of $2,570,000, will be used for the construction of the market, architectural design, electrical and plumbing work, etc. Railway Heights Market is anticipated to be Houston’s most innovative marketplace that will offer a platform to the local artisans and entrepreneurs.

## Investment Overview

**Invested this round:**  
$1,120,300

### Deal Terms

#### Total Commitments

Platform: NextSeed  
Start Date: 05/04/2019  
Close Date: 11/29/2019  
Min. Goal:  
$100,000  
Max Goal:  
$1,070,000  
Min. Investment:  
$100  
Security Type:  
Revenue Share

SEC Filing Type:  
RegCF

Return Multiple:  
2.00X

### Company & Team

#### Company

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

#### Team

Employees: 2  
Founder Name: Anh Mai  
Title: Partner  
[View Anh Mai LinkedIn profile](https://www.linkedin.com/in/nomadsxanh/)

## Financials

**Revenue**  
$0  
as of FY18

**Cash on Hand**  
$50  
as of FY18

#### Summary Profit and Loss Statement

|  | FY 2018 | FY 2017 |
| --- | --- | --- |
| Revenue | $0 | $0 |
| COGS | $0 | $0 |
| Tax | $0 | $0 |
| Net Income | $0 | $0 |

#### Summary Balance Sheet

|  | FY 2018 | FY 2017 |
| --- | --- | --- |
| Cash | $50 | $0 |
| Accounts Receivable | $0 | $0 |
| Total Assets | $620,559 | $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 |
| --- | --- | --- | --- | --- | --- | --- |
| 11/29/2019 | NextSeed | - | $1,120,300 | Revenue Share | Funded | RegCF |