Cherry Block

Craft Butcher & Kitchen

Security Type: Revenue Sharing
Categories: Food & Bev
Min Investment: $100
Location: Houston, TX
Offering Date: May 12, 2021
Expected Close Date: July 22, 2021
Target Raise: $275.00K-$400.00K
Security Price: $1

Company Description

Cherry Block started inside Bravery Chef Hall, its the quintessential Texas steakhouse with burgers, pools, BBQ and more! Honest, straightforward food at an approachable price point.

Key Deal Facts

A network of Texas-based ranchers make up Cherry Block’s sources of protein, reflecting the concept’s ethos of “Texans feeding Texans”
Cherry Block is able to integrate and manage the entire supply chain to offer a true ranch-to-table experience by harvesting, butchering, cooking, and serving customers directly - a truly rare occurrence within the restaurant industryStomping Grounds is a brand-new, award winning development that is being heralded as truly community-centric, offering beautiful indoor and outdoor spaces that allow for safe gatheringsCounter service and on-site dining will be complemented by prepackaged meals, local delivery, a full bar, and retail apparel

Management Team / Advisory Board Bios

Felix Florez, Founder
4th generation Texan, has a deep understanding of the business as a rancher, sommelier, and restaurateur and has connections throughout the Texas ranch network

Jess DeSham Timmons, Chef
Jess will consult to level to develop the menu and systems. Her expertise stems from more than 20 years of operations experience in the Houston hospitality industry.

Amount Raised : $0

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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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