Vault & Cellar

Vault & Cellar

Modern tavern-style bistro that balances the elegance and sophistication of a fine-dining experience

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
Middletown, VA
Offering Date
April 12, 2021
Target Raise
$15.00K-$80.00K
Security Price
$1

Company Description

The goal of Vault & Cellar is to open a modern tavern-style bistro that balances the elegance and sophistication of a fine-dining experience, while retaining the whimsy and approachability of a food truck in an area that is underserved by restaurant options, growing residentially, and becoming a tourist hub. We have placed a contingency offer on the building which used to house Nana's Irish Pub in Middletown, Va. We believe this is the perfect location to execute our vision, but need to secure financing to make our vision a reality.

Key Deal Facts

Great food - food prepared by skilled hands, from quality suppliers.
Great drink - a beverage program prepared with thought and intent.
Great service - It isn't called hospitality for nothing. Guests will be made to feel as that - guests - enjoying excellent food and beverages provided by a service staff that cares.

Use of Proceeds

  • Financing (Down Payment for Real Estate): $75,200
  • Mainvest Compensation: $4,800

Management Team / Advisory Board Bios

Kari Rushing, Owner and Executive Chef
Kari grew up in Front Royal, Virginia, just a 10 minute drive from the location they are seeking to purchase for Vault &; Cellar. After cooking at multiple Michelin-starred restaurants in Washington DC, and under a James Beard award winning chef in New Orleans, she returned back to her hometown to start a family. After starting at a well-known local restaurant before COVID-19, she managed to help them not only survive, but thrive through a pandemic. She is confident her skillset can help bring new life to the former-historic-bank-turned-restaurant they seek to purchase.

Ian Rushing, Chief Marketing Officer
Ian started his career in Anchorage, Alaska, but focused his skills running an award winning production company in the DC region. Telling the stories of non-profits and for-profits alike, he's learned how to use SEO, social media, and web design to engage an audience. These skills were recently proven when opening a meadery, that climbed to the top 3 search results for "brewery" or "winery near me", within a year of being open. Ian looks forward to helping take such a solid business idea to the top of googles pages once again.
Amount Raised : $20,100
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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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