America Gardens

America Gardens

Popular Fort Worth restaurant, bar and entertainment venue opening its newest location in Houston. Family-friendly atmosphere, approachable menu, and extensive beer and cocktail selection. View offering

Print
Security Type
Debt/Note
Categories
Food & Bev
Min Investment
$100
Location
Houston, TX
Offering Date
July 07, 2018
Expected Close Date
October 05, 2018
Target Raise
$200.00K-$1.00M
Deal Notes
  • Securities: Term Notes
  • Offering Amount: Minimum of $200,000 to maximum $1,000,000
  • Interest Rate: 16.0%
  • Payments: Monthly
  • Maturity: 60 Months
  • Security Interest: Blanket lien on all assets of the business
  • Ownership % Represented by Securities: 0%. Investors will not receive any equity interests in the Issuer or any voting or management rights with respect to the Issuer as a result of an investment in Securities.

Company Description

Already a Dallas-Fort Worth institution, America Gardens is proud to announce its newest location in Houston’s burgeoning East Midtown. A celebration of American cuisine across the 50 states, America Gardens offers a space for Houstonians to dine on from-scratch classics like Maine Lobster Rolls and Philly Cheesesteaks, Smoked Campfire Chicken and Louisiana Catfish. Patrons will further enjoy various lawn games amid picnic tables and string lights: America Gardens is a country oasis in the heart of a big city. One of Houston’s larger social spaces, America Gardens encourages gatherings of all sizes. Whether celebrating a birthday, hosting a corporate happy hour or simply hoping to catch-up with old friends, the indoor and patio spaces provide a place for Houstonians and visitors alike to comingle and enjoy respite from their busy days. It’s not for nothing that America Gardens will offer Houstonians one of the largest outdoor dining spaces in the city, and the largest in East Midtown. America’s favorite pastimes—sports, Hollywood entertainment, country music—also receive spotlight treatment at America Gardens. Forty-two televisions around the space ensure premier game-day viewing while weekly events including Thursday Night Live, a country music series, brings Houston the newest and brightest musical talent. Classic lawn and billiard games including corn hole, Jenga, foosball, air hockey and ping pong promote the convivial spirit and keep the party going all day and night long. Craft cocktails are named for a bevy of the nation’s icons including the Ben Franklin, the Marilyn Monroe and the Ernest Hemingway. Houstonians can expect a mixology menu with additional beverages named after hometown heroes. Hailed by Fort Worth Magazine as the city’s Best New Bar, America Gardens is excited to bring its one-of-a-kind party to Houston. Owners Shawn Rao and Jonathan Serrano, the team behind Syn Group Hospitality, are owner-operators of five successful DFW area concepts. They cannot think of a better place to expand their flagship brand and share the best of what America Gardens—and America itself!—has to offer.

Perks

EARLY BIRD REWARD: 126 of 150 available
An additional $50 Gift Certificate to America Gardens
Invest $500 or more: Invitation to the America Gardens Launch Party
Invest $1,000 or more: Invitation for 2 to the America Gardens Launch Party
Invest $2,500 or more: Invitation for 4 to the America Gardens Launch Party
Invest $5,000 or more: Invitation for 4 to the America Gardens Launch Party
Invest $10,000 or more: Invitation for 6 to the America Gardens Launch Party
Invest $25,000 or more: Invitation for 10 to the America Gardens Launch Party

Key Deal Facts

Second location of the popular Fort Worth restaurant, bar and entertainment venue
Family friendly atmosphere and approachable menu create an inviting experience for all
Extensive menu of from-scratch classic bites, craft cocktails and draft beer
East Midtown’s largest patio space for dining, drinking and socializing

Use of Proceeds

The buildout and launch of America Gardens in East Midtown Houston is estimated at $1.8 million. Jonathan Serrano and Shawn Rao have raised equity commitments of $1,800,000 (contributed cash of $750,000) in equity for the project thus far. Through the NextSeed campaign, the business is seeking to raise between $200,000 and $1,000,000 to complete construction. Upon completion of the NextSeed campaign, the equity commitments will cover any remaining balance of the project cost.

Management Team / Advisory Board Bios

Shawn Rao
Co-owner and Founder
Shawn Rao has spent over 14 years in the hospitality industry. After leaving a career in finance in 2004, he opened his first restaurant with business partner Jonathan Serrano. Shawn’s responsibilities include real estate site selection, marketing and sales growth. As a team, Shawn and Jonathan have established a track record that spans the ownership and operation of 7 award-winning restaurants with upwards of 350 employees.

Jonathan Serrano
Co-owner and Founder
With over 20 years of experience in the hospitality industry, Jonathan Serrano has served in almost every single restaurant position. Like his business partner Shawn Rao, Jonathan worked in the finance industry before launching their series of restaurant and bar concepts. Jonathan’s main responsibilities include construction management, accounting and operations. In their partnership, Jonathan and Shawn currently own and operate 7 award-winning restaurants and oversee upwards of 350 employees.

Deal Notes

  • Securities: Term Notes
  • Offering Amount: Minimum of $200,000 to maximum $1,000,000
  • Interest Rate: 16.0%
  • Payments: Monthly
  • Maturity: 60 Months
  • Security Interest: Blanket lien on all assets of the business
  • Ownership % Represented by Securities: 0%. Investors will not receive any equity interests in the Issuer or any voting or management rights with respect to the Issuer as a result of an investment in Securities.
Amount Raised : $288,600
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

A note is a financial security that generally has a longer term than a bill but a shorter term than a bond.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments