Food & Beverage CompanyWashington D.C.
Restaurant pop-up platform. First of its kind food and beverage experience, to be located in a historic, centrally-located venue.
We believe that bars, restaurants and bakeries create and transform communities, providing a place for people to connect and a backbone for a thriving and vibrant neighborhood. Entrepreneurs need better access to smarter capital to build and sustain such businesses, and local people should have a say in shaping how their area develops. At EquityEats, we provide a way to make this happen.
EquityEats is an equity crowdfunding platform specifically focused on investment opportunities in the food and beverage service industry that yield financial returns for investors.
EquityEats curates its investment opportunities; only putting forward concepts with a viable business plan and realizable financial projections that will provide investors with a return on their investment.
Investors subscribe for interests in an LLC formed and managed by EquityEats, which then invests in the particular restaurant or bar. EquityEats takes a 1% management fee to cover the costs of legal filings and producing Schedule K1 tax returns.
Investors collect 75% of all distributions until they have received an amount equal to their initial investment, and then receive a share of the distributions proportionate to their percentage interest.
We structure deals fairly for both entrepreneurs and investors and help mitigate challenges typically faced in the food and beverage industry.
Entrepreneurs must raise enough to open their doors + 20% contingency and 3 months operating capital in an "all or nothing" funding campaign.
By funding through EquityEats, entrepreneurs will have up to 100 local investors acting as brand evangelists, telling their friends, family and coworkers about the place.
If the local community does not believe in a concept or thinks the entrepreneur has picked a bad location for what they are trying to do, the community will not fund the concept.
EquityEats remains involved, helping with bookkeeping and investor relations and by providing access to a network and resources typically only available to restaurant groups.