Neutral Ground

Relaunching a Favorite Chattanooga Restaurant

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Categories
Food & Beverage, Community & Lifestyle, Retail, Restaurant
Min Investment
$100
Location
Chattanooga, , TN
No. Investors
136
Website
neutralgroundchatt.com

Key Deal Facts

Opening our first location, bringing award-winning Afro-Creole cuisine back to Chattanooga.
Offering investors a 1.5x return with an projected payback in 9 years (6% IRR).
Launched in June 2020 at Proof Bar & Incubator with $200k+ in sales in first full year 2021.
Successful expansion into catering and private events, generating $200k in sales in 2022.
Raising capital to open our first restaurant launching June 2024.
Targeting $900k in projected revenue in Year One.
Neutral Ground will help shape the culinary scene of Chattanooga and be a community hub.
Beyond the food, our vision is to inspire the youth in our community through food.

Management Team / Advisory Board Bios

Kenyatta Ashford Chef and ownerWinner of the Food Network's Chopped in 2021 - Awarded a Jean-Louis Paladin Work Study grant by the James Beard Foundation - Opened and operated Neutral Ground for two years during the Covid-19 Pandemic
Amount Raised : $147,700
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