Use of Proceeds

The capital raised on NextSeed will be used for the construction and build-out of the new restaurant and bar.

Key Terms

Issuer
Suite 100 Edwards Management, LLC

Type of Offering
Regulation Crowdfunding

Offered By
NextSeed US LLC

Offering Min

$100,000

Offering Max

$500,000

Min Individual Investment

$100

Type of Securities

Revenue Sharing Note

Investment Multiple

1.60x

Revenue Sharing Percentage

Up to 2.55%

If the fundraise amount is greater than or equal to $100,000 and less than $300,000, then 2.55% of the Issuer's monthly gross revenue will be shared.

If the fundraise amount is greater than or equal to $300,000, then 4.25% of the Issuer's monthly gross revenue will be shared.

Maturity 48 months
Payments

Monthly

Security Interest Blanket 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

Revenue Sharing Summary

Once the Issuer commences operations, it will share a percentage 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.

EXAMPLE:

Gross revenue in month X
$400,000

Scenario 1:

Let’s assume that the total amount raised through this offering is $500,000 and the issuer is committed to sharing 4.25% of its gross revenue.

Revenue sharing percentage
4.25%
Total payment for month X
$17,000

If Investor A invested $2,000, Investor A is entitled to receive 0.4% ($2,000 invested divided by $500,000 raised) of the $17,000 shared with investors for month X. Therefore, Investor A is paid $68 for month X.

Scenario 2:

Let’s assume that the total amount raised through this offering is $200,000 and the issuer is committed to sharing 2.55% of its gross revenue.

Revenue sharing percentage
2.55%
Total payment for month X
$10,200

If Investor A invested $2,000, Investor A is entitled to receive 1% ($2,000 invested divided by $200,000 raised) of the $10,200 shared with investors for month X. Therefore, Investor A is paid $102 for month X.

*The calculations above are mathematical illustration only and may not reflect actual performance. They do not take into account NextSeed fees of 1% on each payment made to investors. 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.