The Brewer’s Table is raising a minimum of $250,000 and a maximum of $300,000 on NextSeed. Proceeds will be utilized to finance the construction and build-out of The Brewer’s Table restaurant and brewery.
Brewer’s Table – East Austin LLC
Type of Offering
NextSeed US LLC
|Min Individual Investment|
|Type of Securities|
Revenue Sharing Note
|Revenue Sharing Percentage|
Up to 5.25%
|Maturity||40 months, including a 5-month startup period for ramp up|
|Security Interest||Second Lien|
|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.
|View the Issuer's SEC Form C filing|
Beginning after the 5th full month following the closing, the Issuer will share 5.25% of each month’s gross revenue with the investors as a group until they are paid in full. Each investor will receive its proportionate share of the monthly payments made to the investors as a group.
Assuming that the total amount raised through this offering is $250,000, and Investor A invested $2,500, Investor A would be entitled to receive 1.0% of the $10,500 shared with investors for month X. Therefore, Investor A is paid $105.00 for month X.
*The calculations above are illustrative examples only and may not reflect actual performance. The exact length of time that it will take the Issuer to pay each investor in full cannot be known in advance since the Issuer's actual revenues may differ from its reasonable forecasts. If any balance remains outstanding on the maturity date, the Issuer is contractually required to promptly pay the entire outstanding balance due to each investor. Payment is not guaranteed or insured and investors may lose some or all of the principal invested if the Issuer cannot make its payments.