Village Box Cafe Bar & Grill

Village Box Cafe Bar & Grill

American Restaurant

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
Los Angeles, CA
Offering Date
July 24, 2020
Expected Close Date
October 21, 2020
Target Raise
$50.00K-$107.00K
Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $170. They will owe you this amount by 1/1/2025, regardless of revenue.

Company Description

Village Box Café Bar & Grill or "The Box," owned and operated by Village Box Cafe, LLC, is the ultimate dining experience. A full-service restaurant, bar, grill, and events venue space sure to delight.

A new way to dine and entertain, consisting of an in-house branded "bar & grill," themed events, lounges, bars, comedy, and dance nights.

The Company offer's such events as their highly anticipated "Food Bar," held nightly on the Box patio from 5-9 pm. From taco night to soulfood, pasta, and Asian cuisine for $10.00 per person. Happy hour couldn't be any happier.

This modern, yet stylish and happening 10,000 square foot restaurant features three (3) areas of dining and entertainment space.

The main restaurant features a 48 person open air front patio, a 200-person dining room complete with a walk-up bar and flat-screen TV's for your enjoyment. To a signature indoor performance stage for dine-in entertainment.

The second dining experience leads you to a "signature" outdoor patio known as "The Box." Private cabanas, an open-air "beer box," covered and open-air dining, and 24 flat screen TV's so you'll never miss a game or that special event. A stylish, upbeat environment awaits you at the patio Box.

The third dining experience leads you to a rooftop terrace which comes with rooftop seating, a walk-up bar, flat-screen TVs, and a signature lounge and dance floor open every Friday, Saturday, and Sunday nights.

The Mission Statement of Village Box Café, LLC, is to provide "the ultimate dining experience" and we welcome you to Village Box Cafe Bar & Grill the un-ordinary bar & grill.

Use of Proceeds

  • ENGINEERING/MECHANCIAL: $13,880
  • ARCHITECTURAL: $16,700
  • ADMINISTRATIVE: $10,000
  • ASSET PURCHASE: $60,000
  • Mainvest Compensation: $6,420

Management Team / Advisory Board Bios

Oliver B. Mitchell III
CEO
Village Box Café Bar & Grill is owned and operated by Village Box Café, LLC, a California limited liability company. Its CEO, Oliver B. Mitchell III, is responsible for running all facets of the business. He is also a former U.S. Marine who has well over 30 years in corporate retail, government, and entertainment industry experience. Mr. Mitchell has a proven track record having held numerous key positions over the 30 years of his career. Working with reputable firms such as Blockbuster Video, Staples, Dominos Pizza, and Footlocker he has driven sales and exceeded growth during his tenure.Mr. Mitchell brings with him a long and successful track record to Village Box Café Bar & Grill. His prior experience working with TV chefs and coordinating entertainment industry events such as the Grammy Awards after show, he lends his expertise in restaurant and events management, to include staff scheduling, interacting with high profile guest, and overseeing a center sales department responsible for logistics, guest, vendor or staffing needs will surely propel Village Box Café Bar & Grill to the next level in dining and entertainment. 

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $170. They will owe you this amount by 1/1/2025, regardless of revenue.

Amount Raised : $500
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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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