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Categories
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Other, Food & Beverage, Retail, Restaurant, Alcohol
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Min Investment
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$100
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Expected Close Date
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April 29, 2024
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Target Raise
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$50.00K-$124.00K
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No. Investors
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120
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Security Price
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$1
- Number of Employees
- 2
- Cash
- $60
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-861
Key Deal Facts
Owned and operated by the team behind the successful vegan restaurant Cashew in Chattanooga, TN.
Cashew began in Sept. 2013, and has seen over a 700% increase in revenue since its first full year.
Broads will open in January 2024 as the first female-forward cocktail lounge in the country.
Over 95% of our spirits, beers, wines, and foods will be from female-founded or female-led brands.
Offering investors a 1.5x return with an expected payback in 6 years (6% IRR). Early bird at 2x
Broads will donate a percentage of sales monthly to a nonprofit dedicated towards supporting women.
Raising capital to complete our build-out and open our doors in downtown Chattanooga.
10-year lease signed with 2 additional 5 year rate-guaranteed lease extensions.
Management Team / Advisory Board Bios
Kristiana MalloOwnerFounder of the vintage and sustainability event She Bop. Mother of two and co-owner of Cashew., Bailey Cole OwnerCo-owner at Cashew. Chef, baker, & avid supporter of local, small businesses.