Towne Crier

When Tacee Webb moved to Portland in the late 90s, she did so with few ties to the area. She found home quickly however, thanks in no small part to her favorite restaurant. Then called Grandma's, the restaurant had previously been home to Ye Olde Towne Crier, once a local landmark eatery. Upon its closing, Tacee set out to restore the space and return it to its glory as a hub for locals and visitors alike. That space will open now as Towne Crier, a multi-level ode to Portland’s past and its current residents, a place to chat and dine among one another and enjoy the city’s brightest talent.

EARLY BIRD REWARD: 88 of 100 available: Complimentary bottle of wine at Towne Crier
Invest $100 or more: 5 house coffees at The Treasury
Invest $250 or more: 10 house coffees at The Treasury
Invest $500 or more: Complimentary one-hour breakfast with coffee for a party of 6 at The Treasury
Invest $1,000 or more: Dinner for 2 at Towne Crier
Invest $2,500 or more: Dinner for 6 at Towne Crier
Invest $5,000 or more: Private party for 8 includes 4 bottles of wine, beer, and hors-d'oeuvres at Towne Crier
Invest $10,000 or more: Private 4-hour party for 20 guests includes 6 bottles of wine, beer, and hors-d'oeuvres at Towne Crier

Revival of the great Portland institution, Ye Olde Towne Crier
A modernized space that celebrates Portland’s past and unique charm
An all-ages establishment for the people
Multi-level venue that includes coffee shop, event and entertaining space and outdoor dining.

The total anticipated project cost for Towne Crier is $462,000. The owners have committed over $92,000 in kitchen and other equipment to date. Proceeds from the minimum NextSeed raise of $200,000 will be used to complete build-out and for opening inventory. Specifically some build-out items in our budget include permits, painting interior/exterior, flooring, bathrooms upgrades, building repairs and lighting. Funds raised above the $200,000 minimum will be put towards pre-opening costs, advertising, labor costs and working capital for the project.

Tacee Webb
Partner and Founder
Tacee Webb is a retail development veteran. She began her unique career path in 1992, at the height of the Grunge rock era in Seattle, Washington, where she opened what would become a booming million-dollar retail apparel business with multiple Northwest locations. Webb has since served as an owner and business developer of TenSpeed and Modern Design & Construction where she has used her expertise to help others build their retail businesses. This includes 40+ American Apparel stores, Goorin Brothers milliners and others across the US and online. Her work has been featured by the following national outlets: Wall Street Journal, Vogue, Wired, Playboy People, Outside, Runner’s World, Life, CNN and NPR.

Stuart Ramsey
Partner
Born and raised in the Highlands of Scotland, Ramsay currently lives in Portland, Oregon. Writer, brewer and public speaker, he is a leading expert on spirits and craft beer. He was the American correspondent and contributing editor for Britain’s Whisky Magazine, craft beer columnist for the Portland Oregonian and editor-in-chief of Sláinte, the Journal of the Classic Malts Society. (Along the way, Ramsay was manager of North America's first brewpub, created and managed the BridgePort Brewpub in Portland and conceived the original BridgePort Blue Heron Pale Ale.)

• Securities: Revenue Sharing Notes
• Offering Amount: Minimum $200,000 to maximum $375,000
• Investment Multiple: 1.55x
• Payments: Monthly
• Revenue Sharing Percentage: 6.75% of the Issuer's monthly gross revenue will be shared
• Maturity: 48 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.