Black Crab Fam

Black Crab Fam

Food That Brings Us Together

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Security Type
Secured Loan
Categories
Hospitality
Min Investment
$100
Location
Cleveland, OH
Offering Date
May 11, 2021
Expected Close Date
July 08, 2021
Target Raise
$25.00K-$60.00K
Security Price
$1

Company Description

Local Seafood Restaurant in Cleveland, Ohio. Our mission is to bring families together through the love of food. 

Key Deal Facts

26,000 Instagram followers and counting
Nearly $500,000 in yearly revenue
Approx. 100 customers a day

Management Team / Advisory Board Bios

Jermil Martin, Owner
I grew up in the city of Cleveland as a very ambitious young man. I fell in love with my community and the people of Cleveland and always felt a responsibility to them. The passion we share to grow and elevate our lives is incredible to me. I now understand that many of us have gifts that just need to be properly cultivated for the greater good of our communities.
Amount Raised : $0
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Valuation

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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