Hazelnut Kitchen

Hazelnut Kitchen

Hazelnut Kitchen is seeking investment
to cover the start up costs of reopening and rebranding the restaurant.

Print
Claim My Business
Security Type
Revenue Sharing
Categories
Restaurants
Min Investment
$100
Location
TRUMANSBURG, NY
Expected Close Date
October 28, 2022
Target Raise
$45.00K-$107.00K
No. Investors
5
Security Price
$1
Investment Multiple
1.5×
Business’s Revenue Share:
2%-4.8%
Securitization
None
Maturity Date
December 31st, 2027
Number of Employees
1
Cash
$0
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$0

Company Description

The Hazelnut Kitchen is a forty-seven seat restaurant located in the quaint town of Trumansburg, a mere stones throw from both the Cayuga and Seneca lake wine trail in the Finger Lakes region in central New York.

Management Team / Advisory Board Bios

Matt Hummel
Chef
Matt Hummel is a Trumansburg native whose early food memories include canning homemade tomato sauces and jams made from produce from his parents' garden.  At least twice a month his parents would take him and sisters for breakfast atThe Store at Treman’s Village, which is presently theHazelnut Kitchen.  


Hummel originally had his sights set on the entertainment industry,  majoring in  Television and Radio at Ithaca College, using restaurant work as a means to pay the bills.  He moved to Los Angeles after graduation, working odd jobs in Hollywood until he eventually found himself behind the stoves again.  

    Becoming enamored with scratch cooking and seasonal cuisine Matt cooked in kitchens in San Francisco, Los Angeles, and Boston for Food and Wine Best New Chefs and James Beard award winners.


Twenty years and many kitchens later, Matt comes full circle and returns to Trumansburg with his wife and two children.   As the new chef and owner of theHazelnut Kitchen, Chef Hummel is eager to work with local farms and purveyors and raise his family in the flourishing community of the Fingerlakes.  


Breana Coon
General Manager / Beverage Director
Breana Coons, originally from Watkins Glen, is also an Ithaca College Alumni, where she majored in nutrition. It was at Hazelnut Kitchen where she saw a connection between sustainable farming and cooking and a healthy lifestyle.

She’s been an integral part of the restaurant since 2012. Her strong relationships with the guests and wineries in combination with her breadth of knowledge of Fingerlakes wines make her an indispensable asset to the future of Hazelnut Kitchen.
Amount Raised : $1,300
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

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.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments