Highlights

  • Sushi hand rolls -- a growing national trend, popular for their efficient presentation and focus on quality ingredients
  • Opening in an established neighborhood currently underserved with Japanese dining options
  • Full bar offering Japanese spirits, sake, cocktails, and beer will contribute 30% of revenue
  • Efficiently designed space specifically engineered to lower operational costs
  • Ownership team with 23 combined years of hospitality experience including operations, sales, and ownership

Investment Terms

Issuer
Family Meal Group, LLC

Type of Offering
Regulation Crowdfunding

Offered By
NextSeed Securities, LLC

Offering Min

$150,000

Offering Max

$200,000

Min Individual Investment

$100

Type of Securities

Term Note

Maturity 48 months
Payments

Monthly

Security Interest Term Notes
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.

Interest Rate 17.5%
View the Issuer's SEC Form C filing

Use of Proceeds

Hando anticipates that the total cost of the project will be approximately $450,000. The owners have committed approximately $225,000 in equity to date. 

If Hando reaches the minimum raise amount of $150,000 on NextSeed, proceeds from the raise will be put towards the restaurant build-out, kitchen and bar equipment, opening inventory and other startup costs (e.g. signage and marketing). Anything raised above the $150,000 minimum and up to the $200,000 maximum will be further allocated towards the restaurant build-out, kitchen and bar equipment, opening inventory, other startup costs (e.g. signage and marketing) and labor.

Company Description

Hando, a 24-seat sushi hand roll bar, is coming to Houston’s Heights neighborhood. From Houston native, Jason Andaya, owner of the city’s Family Meal Group, Hando will be an intimate, casual option for a healthful and fun lunch or dinner. 

Emphasizing the taste and texture of sushi components at their simplest, hand rolls are made from single, hand-sized pieces of roasted seaweed filled with the highest quality rice and fish. Known as Temaki, hand rolls differ from standard sushi rolls in that they’re prepared individually per person — rather than Maki, the quintessential sushi preparation stateside where one long roll is cut into many smaller ones for several people. They’re made to be consumed quickly with the hands rather than chopsticks, making for a more textural, casual, and approachable sushi experience. 

Hando will serve these high quality rolls in a cozy, rustic environment for both sushi aficionados and novices alike. Customers eating at the large U-shaped bar will receive speedy service, with seasonally-driven hand rolls coursed out one piece at a time. Guests can also enjoy select small plates from the kitchen and the full bar will offer cocktails made with mostly Japanese spirits and flavors, along with beer and sake. 

After working in restaurants for most of his life, managing food and beverage and sales for Marriott and opening concepts during an eight year stint in Los Angeles, Jason Andaya is excited to return to his hometown of Houston and contribute something new to its already nationally-renowned food scene. Along with his childhood friend and East Downtown bar owner, Raymond Chan, Andaya settled on sushi hand rolls, a concept he noticed increasing in popularity throughout his time in California. 

Like eating at a counter hidden in the middle of a Japanese fish market, Hando aims to bring an outstanding rendition of an underrepresented cuisine to The Heights.

Business Model

The Opportunity

Sushi hand rolls have been a growing national trend, popular across the US for their efficient presentation and focus on quality ingredients. In an article previewing the opening of Hando, Eater Houston even suggested hand rolls are the new poke earlier in the year, giving a glimpse at this sushi trend’s potential for mass appeal, and Forbes declared them the country’s hottest lunch trend in mid-2018.

With a fall 2019 opening slated, Hando has already received plenty of attention from local press outlets, driving up anticipation for the forthcoming venture. Eater Houston, Houstonia Magazine, and CultureMap Houston all covered the restaurant’s announcement, promising updates and future coverage as more is revealed. No doubt the local Houston owners, Andaya and Chan, are part of the appealing story, and Chan’s existing Houston venture — East End Hardware, a bar located in an old hardware store in Houston’s up-and-coming East Downtown area — has increased the profile of this opening too. 

Hando will be a new kind of neighborhood restaurant for the area, novel in its cuisine, as well as its approachable and affordable take on sushi hand rolls. Its first come, first served seating model will make it a uniquely hot ticket in an area of the city known for exceptional eateries, and Hando’s tightly curated menu and efficient service model will ensure it is as cost-effective as possible.


Business Operations/Cost-Savings

In order to preserve their ability to afford the highest quality ingredients, Hando is being run with the mentality of being a temple of efficiency. The team plans to realize cost savings by implementing operational procedures garnered from past business experience.

  • Keeping a lean selection of hand roll menu offerings to ensure little wastage
  • Linking the host stand to the kitchen for efficient pick-up and to-go orders
  • Exclusive bar counter seating to reduce staffing costs


Revenue Streams 

Open for both lunch and dinner seven days a week, Hando’s primary revenue will come from its food sales. 

  • Average lunch bills are estimated at $15 per person, and $20 average for dinner
  • Alcoholic beverage sales are estimated to make up 30% of the total revenue
  • Pick-up and to-go offerings will include cut hand rolls and small plate items


The Menu 

Hando’s Temaki, or sushi hand rolls composed of roasted seaweed, warm rice, and a protein, will be available to purchase either individually a la carte or coursed in flights of 3, 4, or 5 rolls. Some of the standout proteins include salmon, scallop, crab, and tuna, as well as vegetarian options like beets and mushrooms. Additional menu items, such as fried rice and shishito peppers, will also be available. All menu items will have a focus on seasonality, rotating as products and ingredients become available, and will use fresh ingredients that are sourced locally as much as possible.

The full bar will feature Japanese spirits, sake, and beers. Sake will be available both hot and cold, filtered and unfiltered, and there will be house specialty cocktails using mostly Japanese spirits. Non-alcoholic options, such as green tea, sodas, and house mocktails, will also be available.


The Atmosphere

Designed by local Houston architecture firm, JT ARC Studio, Hando’s dining room in The Heights will be a naturally lit and airy environment centered around the main seating area: the bar. With all of the available seats located around the chef’s preparation area, guests can watch every hand roll being made right in front of them. With only the bar as a barrier between guest and chef in this small space, there will be natural energy and plenty of organic conversation to make the 1,200 square foot space both intimate and organized. 


The Team 

Jason Andaya, a UH and Rice graduate, wanted to return to his hometown after building a successful career in California and contribute to the fabric of Houston's fantastic food scene.

  • Spent four of the past five years working in Los Angeles, one of the largest markets for emerging food and entertainment trends
  • Managed food and beverage and sales for Marriott in the Seattle market and opened FOH and Rock & Reilly’s DTLA in Los Angeles

Raymond Chan, Andaya’s childhood friend and business partner in Hando, is the owner of East End Hardware, an East Downtown Houston bar. 

  • Transformed a 1950’s tool shop into a neighborhood bar known for its boozy snow cones, recycling many of the original features from the shop into architectural elements for the social space
  • Former owner of Bar Munich, a popular Bavarian-themed sports bar in Midtown

Location Analysis

The Heights is an increasingly popular neighborhood for Houston’s affluent young professionals, who are always keen to try new experiences and make up a large portion of Hando’s target audience. The area has become known as the city’s destination for foodies with its burgeoning restaurant reputation. Despite its wealth of options when it comes to food, it is still lacking a strong Japanese presence. To be located just four blocks from Heights Boulevard, which bisects the neighborhood with a popular commercial strip, Hando will be close to the action while still being removed from the bustle — and still less than 15 minutes from the center of downtown Houston.

Meet the Team

Image not found!
Jason Andaya
Managing Partner

Jason worked for Marriott International as a manager in sales and food and beverage, and was most recently operating partner and GM of Rock & Reilly’s DTLA. Using his previous experience in the food and beverage industry, Jason will establish and meet company financial objectives, analyze variances, and initiate corrective actions. He oversees the operation for both the front and back of the Restaurant. Jason is a gifted communicator and charismatic leader. He has an MBA specializing in marketing from Rice University, and a bachelor’s degree in hospitality management from the University of Houston.

Image not found!
Raymond Chan
Partner

Raymond started his industry experience in 2010 with a Bavarian beer bar concept in Midtown Houston known as Bar Munich. As owner-operator of Bar Munich, he was responsible for daily operations and the overall success of the business.  In 2016, he opened a rustic hardware themed neighborhood bar in East Downtown known for alcoholic snow cones.  With a double major in Accounting and Finance from the University of Houston, Raymond will be focused on the financial well-being of the restaurant.

Bonus Rewards

Early Bird Reward
0 remaining
First 50 investors who invest $1,000 or more will receive:
  • A $50 gift card to Hando
Invest

$1,000+

  • Personalized nameplate with the investor’s name displayed in the restaurant
Invest

$5,000+

  • Personalized nameplate with the investor’s name displayed in the restaurant
  • Receive an invitation for 2 people to a private investor party and tasting
Invest

$10,000+

  • Personalized nameplate with the investor’s name displayed in the restaurant
  • Receive an invitation for 2 people to a private investor party and tasting
  • Receive a personalized Hando Investor Card that doesn’t expire and entitles the investor to 15% off their bill

Bonus rewards are offered by the Issuer purely on a voluntary basis and do not influence the terms of the Offering. For the avoidance of doubt, the bonus rewards are not contractual conditions governed by the Note Purchase Agreement and are not enforceable under the Note Purchase Agreement.

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Mary
Agree with Austin. This seems light on details.

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The information contained on this campaign page (the "Campaign Information") is furnished solely by the Issuer to prospective investors in the investment opportunity described herein. All Campaign Information is intended to be a summary of the terms and information contained in the Disclosure Statement and the Note Purchase Agreement, and is fully qualified by reference to those documents. In the event any Campaign Information conflicts with the terms of the Disclosure Statement or Note Purchase Agreement, the terms of those documents will control. The Issuer has provided the Campaign Information for inclusion on the website located at www.nextseed.com, and in no way will the Campaign Information be deemed to have been created or provided by NextSeed Securities, LLC, NextSeed Services, LLC, or their affiliates.
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