ROUX

ROUX

Cajun / Southern Restaurant

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
Williston, ND
Offering Date
September 14, 2020
Expected Close Date
November 18, 2020
Target Raise
$20.00K-$50.00K
Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $150. They will owe you this amount by 10/1/2026, regardless of revenue.

Company Description

NOLA will bring a taste of New Orleans into the community of Williston, North Dakota.  My restaurant will be a family friendly fun atmosphere offering gumbos, etouffee's, various types of seafood dishes, boudin, specialty desserts, loaded stuffed potatoes, salads, burgers, steaks and daily lunch specials. The restaraunt will currently seat 35 at capacity, due to COVID restrictions and social distancing, but will offer carry-out, delivery services and catering, as well. I will also have market items available for purchase such as mardi gras beads, masks, and memorabilia associated with mardi gras and Louisiana, particularly New Orleans. I will also be offering non traditional menu items for sale, in a market area display,  such as my original pepper jellies, my original cajun seasonings, and specialty sausage. 

Use of Proceeds

  • Deposit & First Month's Rent: $2,000
  • Equipment: $10,000
  • Remodelling: $15,000
  • Marketing: $5,000
  • Working Capital: $15,000
  • Mainvest Compensation: $3,000

Management Team / Advisory Board Bios

Lindsey Bradshaw
Owner
Hi all, Lindsey here. I'm so excited to be working to the goal of opening my cajun restaurant in North Dakota. I have over 15 years in large corporate office management roles. After leaving corporate America, I went on to manage small bars and restaurants in the Louisiana area. I have two grandchildren I am raising alongside my husband and would love to start a family legacy that can be passed down to them in time.

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $150. They will owe you this amount by 10/1/2026, regardless of revenue.

Amount Raised : $100
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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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