Test the Waters
Fort Defiance

Fort Defiance

We offer organic produce, well-sourced fish and meat, fresh bread baked on premises,delicious prepared foods, rotisserie chicken, cold wine, beer, and cocktails, and more.Contactless pickups may be scheduled Wednesday–Sunday.

Min investment
$250
Goal
-$100K
Days Left
70
Location
Red Hook, NY

CrowdLustro Research Report

Security Type
Revenue Sharing
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.
Industry
Food & Bev
Filed
March 28, 2021
Expires
June 26, 2021
Deal Structure
  • 2.5% of revenues
  • 1.25x payback multiple

Management

St John Frizell, Owner
St. John Frizell is an award-winning writer, bartender, and restauranteur. He opened Fort Defiance in 2009, and is opening Gage & Tollner (with partners Ben Schneider and Sohui Kim) in 2021.

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Key Deal Facts

Establish the new permanent home of Fort Defiance, a Red Hook, Brooklyn institution since 2009
Team with combined 40 years of experience as chefs and restauranteurs
Consistently praised by press, including the New York Times, Bon Appétit, New York Magazine, etc
Revenues have increased every year of business pre-COVID
New location has 2x square footage, 2x production space, and space for 40-person outdoor seating

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