Summary of 1854 Public House & Restaurant Investor Proposal
Concept: 1854 Public House & Restaurant is a hybrid hospitality and cultural venue in Topeka, Kansas, combining farm-to-table dining, in-house coffee roasting, tea blending, artisan baked goods, and live music. Housed in a location to be determined, it aims to be a day-to-night destination for locals, professionals, and tourists.
Investment Ask: Seeking $750,000 for 20% equity, valuing the business at $3.75M post-money. Funds will cover renovation, equipment, staffing, and initial operations.
Location: Prime downtown Topeka spot near government buildings and attractions, with high foot traffic and historic charm suited for the brand.
Offerings:
Investment Ask: Seeking $750,000 for 20% equity, valuing the business at $3.75M post-money. Funds will cover renovation, equipment, staffing, and initial operations.
Location: Prime downtown Topeka spot near government buildings and attractions, with high foot traffic and historic charm suited for the brand.
Offerings:
- Dining: Seasonal farm-to-table menu.
- Beverages: In-house roasted coffee, blended teas, cocktails, local beers, and wines.
- Bakery: Fresh breads, pastries, and desserts for in-house and wholesale.
- Entertainment: Weekly live music and ticketed events.
- All-in-one concept (restaurant, café, bar, bakery, music venue).
- On-site production for coffee, tea, and baked goods.
- Cultural draw via live music and Kansas heritage branding.
- Retail potential for branded products.
- Staffing: 18 staff (managers, chefs, baristas, etc.) with an annual labor cost of ~$635,000.
- Startup Budget: $750,000 for renovation ($250,000), equipment ($180,000), inventory ($30,000), tech ($15,000), marketing ($30,000), and working capital ($165,000).
- Year 1 Revenue: $84,000/month from dining (50%), coffee/tea (15%), bar (10%), baked goods (10%), events (5%), retail (5%), and music (5%).
- Year 1 Expenses: ~$89,500/month, including labor ($52,900), COGS ($25,200), rent ($7,000), and other costs.
- Year 1 EBITDA: ~($5,500)/month loss, with break-even in 12–14 months.
- Year 2 EBITDA: ~$145,000 projected.
- Year 5 Value: $5.5–$6M, yielding a 1.5–1.75x ROI (~12–15% annualized) for investors.
summary
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