Gordo's Tacos & Tequila (1)

Gordo's Tacos & Tequila (1)

Gordo's Tacos & Tequila is a gourmet taqueria

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Security Type
Secured Loan
Categories
Food & Bev
Min Investment
$100
Location
Pittsburgh, PA
Offering Date
February 17, 2021
Expected Close Date
April 13, 2021
Target Raise
$25.00K-$75.00K
Deal Notes

Interest Rate: 10.75% annually

Payments: Monthly, disbursed to investors quarterly 

Maturity: 60 months

Personal Guaranty: Brian Gorder and Paul Gorder

Security Interest: Purchase money lien on equipment to be purchased

Company Description

Gordo's Tacos & Tequila is a gourmet taqueria, located 60 yards from the top of the Monogahela Incline. We are a 100% scratch kitchen. We ship heirloom corn kernels from Oaxaca, Mexico that we grind into dough for fresh-pressed tortillas as well as tortilla chips. We locally source our beef, pork, and chicken to bring a clean and organic approach to the ancient Mexico City-style preparations. We will have a heavy street food focus offering the famous Al Pastor but will also mesh some American classics such as the Cheeseburger Taco as well as Nashville Hot Chicken Taco. We will certainly have something for everyone, with a heavy focus on gluten-free options as well as keto-friendly and other dietary restrictions.

Our recipes using ancient practices mixed with fresh and high-quality ingredients will exceed our guests’ expectations. Our food menu will offer many handheld items that will be able to be eaten in our restaurant or on the move. Our front takeout window will cater these items toward the Shiloh Street foot traffic. Over a million visitors a year walk down Grandview Avenue to take in the breathtaking Pittsburgh skyline: why not have a delicious hand-crafted taco in hand while soaking in the views?

Use of Proceeds

  • $40,000 Completing 2nd-floor finishes
  • $15,000 Rear courtyard
  • $15,000 2nd floor bar finishes

Management Team / Advisory Board Bios

Brian Gorder
Brian was raised in the South Hills and started his restaurant journey at the age of 14 working for the local diner. After graduating with a degree in Hospitality Management from Penn State, he went to the country club sector. He then shifted to the quickly expanding and local favorite, Primanti Bros. He worked under the local ownership and then partnered up with them at the Diamond Market in Market Square. There, he mastered the art of cured & smoked meats and began the mental journey of his favorite, tacos. After heavy travel and research to taco hot spots, the inspiration for the menu was derived.

Deal Notes

Interest Rate: 10.75% annually

Payments: Monthly, disbursed to investors quarterly 

Maturity: 60 months

Personal Guaranty: Brian Gorder and Paul Gorder

Security Interest: Purchase money lien on equipment to be purchased

Amount Raised : $0
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Security Description

Secured debt is debt backed or secured by collateral to reduce the risk associated with lending. If the borrower on a loan defaults on repayment, the debt holder can seize the collateral, sell it, and use the proceeds to pay back the debt. Assets backing debt or a debt instrument are considered as a form of security, which is why unsecured debt is considered a riskier investment than secured debt.

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