XENiA

XENiA

Modern Mediterranean Grill

View on Mainvest
Security Type
Debt
Categories
Food & Bev, Modern Mediterranean Grill
Min Investment
$100
Location
SPRING, TX
Offering Date
October 12, 2021
Amount Raised
$11,100
Security Price
$1
Deal Notes

Repayment Schedule-Quarterly

Securitization-None

Maturity Date-January 1, 2031

Use of Proceeds

  • Corporate Start-Up Costs: $19,000
  • Leasehold Improvements: $2,000
  • Restaurant Equipment and Smallwares: $25,500
  • Opening Expenses : $59,500
  • Marketing: $85,000
  • Working Capital: $44,000
  • Mainvest Compensation: $15,000

Key Deal Facts

Chef-Driven & Delicious — XENiA uses grilled-to-order proteins, house-made sauces, marinades, & pickles, and a rotating selection of locally sourced veggies to create bold and craveable Mediterranean flavors.
Fast & Accurate — Our focused menu minimizes operational complexity while maximizing throughput, getting XENiA to our guests quickly and accurately.
Flexible & Any Day — XENiA is the perfect choice for an easy family dinner, a crowd-pleasing lunch at the office, or a healthy weeknight meal for one. With many items accommodating dietary preferences, XENiA is for everyone.

Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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