Vidorra Addison

Security Type: Revenue Sharing
Categories: Food & Bev
Min Investment: $100
Location: Dallas, TX
Offering Date: March 04, 2020
Expected Close Date: June 04, 2020
Target Raise: $200.00K-$500.00K

Company Description

Acclaimed hospitality group Milkshake Concepts is bringing another location of Vidorra to Addison, an affluent suburb of Dallas with a heavy concentration of young professionals. Already successful in the resurgent Deep Ellum neighborhood of Dallas, Vidorra Addison will be modeled after the menu and atmosphere of the popular original location.

Vidorra, meaning “the good life” in Spanish, will feature a vibrant, authentic Mexican menu and full bar. With their second Vidorra location, Milkshake Concepts aims to replicate the look and feel in a new setting, with outdoor patio seating for lunch, brunch, happy hour, dinner, and late-night dining.

Milkshake Concepts has a reputation for creating an exciting and unique total dining experience, something they execute in all of their brands with exceptional results. A strong emphasis is placed on curating the ideal customer experience, from the atmosphere to the stylish presentation of the food and drinks.

Use of Proceeds

Construction Costs: 55%

FF&E: 15%

Working Capital: 10%

Cost of Issuance: 10%

Startup Cost: 5%

Inventory: 5%

Management Team / Advisory Board Bios

Imran Sheikh - CEO, Co-Founder
James Faller - COO, Co-Founder
Asim Sheikh - CMO, Co-Founder
Tommy Hamilton - Director of Operations
Rodman Shields - Director of Culinary Experience

Amount Raised : $30,700

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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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