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Security Type
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Debt/Note
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Categories
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Food & Bev
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Location
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San Francisco, CA
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Offering Date
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May 20, 2020
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Expected Close Date
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July 20, 2020
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Target Raise
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$10.00K-$50.00K
Company Description
The Valley Tavern is a neighborhood bar in San Francisco that prides itself on its customer service and warm atmosphere. We have a diverse selection of beers, wines, and cocktails, the best beer garden in the city (voted by San Francisco magazine), and an exceptionally friendly staff. We also have a reputation as one of the best sports bars in town, with over 20 screens and loyal fans who come for every game. Above all else, we value our relationships with our customers and our community. Our goal is to create a community meeting place where everyone feels welcome and where neighbors can get to know each other.
Key Deal Facts
40 beers on Draught
A legal smoking room - one of only 9 in San Francisco
2018 Best Patio according to San Francisco Magazine
Wide selection of Liquor & specialty cocktails
Ultimate Sports Bar with 23 TVs throughout the property
Highly rated by our customers on Yelp, Google and Facebook
Use of Proceeds
With the funds, they will pay past due bills (approximately $30,000), re-stock inventory ($15,000) and any remaining funds will go towards working capital for ongoing expenses. They have long planned to put in a kitchen, which will radically improve revenue but this would cost $50,000 so those plans have been shelved for now.
Management Team / Advisory Board Bios
Declan Hogan
A Noe Valley native and the son of a bar owner, Declan has grown up helping his dad in the industry. Serving customers and being the purveyor of a good time comes second nature to him. After studying International Business at the University of San Francisco, he chose to join the family business. The Valley Tavern is his life and his obsession. To say he simply loves his job would not suffice.
Brittney Freed
A Bay Area native, Brittney had her sights set on a career in music. She was blessed with an angelic voice. She graduated from Boston University, where she was classically trained. However, life steered her away from music. Today, she is a hardworking member of the Valley Tavern team, beloved by the customers.
Vincent Hogan
Born in Dublin, Ireland, Vincent is a testament to the American dream. He left his homeland at the age of 30 with only $500 in his pocket. Within 6 years he bought his first bar and within 10 years he had three. Since then he has bought and sold 7 different bars in San Francisco and remains a well-respected businessman by the Noe Valley community and the Irish expats in San Francisco.
