|Minimum Target||$200,000 ?|
|View Key Terms|
Pour Behavior marks a first-of-its-kind dining and entertainment concept in Houston from a team with exceptional nightlife experience. Boasting 12,000 square feet in both indoor and outdoor space, the venue has the capacity to transform for any given occasion. Houstonians should expect a dynamic destination that operates as bar by day and as a higher-energy event and socializing space come evening and weekends.
Pour Behavior will capitalize on sports, live entertainment and a unique food and beverage program. Over 50+ television screens and large projectors will air all major sporting events including Pay-Per-View. Nightly programming will fill up the week with events that range from DJ sets to live bands and more.
Rendering of the indoor space
Patrons at Pour Behavior will feast on unique, organic menu items along with brick oven pizzas, organic burgers and bar favorites, brought to you by an award-winning chef. Sunday brunch and a late-night menu will also be available. The bar program will be among the first in the area to offer a variety of cocktails on draft, which can be shared among tables and will come with a user-friendly food pairing guide. Of course, as a proud Houston establishment, patrons can also expect a large selection of high-end local beers on tap. Pour Behavior will also offer bottle service for all your special events.
Both the indoor and outdoor spaces will retain a playful vibe with game areas that incorporate ping pong, shuffleboard, and cornhole … to name just a few. Perfect for corporate happy hour bonding or simply getting a break from the dance floor, these areas ensure that patrons have a space they won’t want to leave. The modern-rustic decor and fixtures will also add to the comforting, stay-a-while atmosphere.
Pour Behavior comes from the respected team of Joe Arbeely, Michael Chase LoVullo and Roveen Abante. Between the three individuals, the team is behind nearly a dozen Houston mainstay nightife and bar concepts.
On the Kirb
Proof Rooftop Lounge
Crimson VIP Lounge (Lumen)
The team's portfolio includes the likes of On the Kirb, Lumen Lounge, Lincoln Bar on Washington and Element Nightclub. Another venue, Proof Rooftop Lounge, was ranked by Zagat as one of the 12 Hottest Rooftop Dining & Drinking Scenes Across the US. With over 50 years of combined experience, this team has the extensive experience and know how to open a venue this uniquely versatile.
Pour Behavior anticipates construction to kick off in the Fall, with doors opening to the public by Winter 2018. They're looking forward to adding another unique establishment to the booming Houston bar and restaurant scene.
Click here to view the Issuer's SEC Form C filing.
The total anticipated project cost for Pour Behavior is $1 million. The owners have committed $400,000 in equity to date. Proceeds from the NextSeed raise will fund the buildout of Pour Behavior’s multi-functional space.
Funds raised above the $200,000 minimum will contribute towards a state-of-the-art A/V setup, the bar system, and furniture and fixtures. The final $115,000 will be put towards working capital for the project.
An additional section of Pour Behavior (Phase 2) will be built out at a later date.
Once the Issuer commences operations, the Issuer will share a percentage of each month’s gross revenue with the investors as a group until they are paid in full. The total amount raised by the offering will determine the Investment Multiple and the monthly Revenue Sharing Percentage.Total Raise Amount: $200,000 - $350,000
Each investor will receive its proportionate share of the monthly payments made to the investors as a group.
Based on the Total Raise Amount, the Issuer will share 3.25% of its revenues monthly until the 1.50x Investment Multiple is reached.
Let’s assume that the Issuer generated $400,000 in revenues in month 9. The issuer will make a $13,000 payment ($400,000 x 3.25% = $13,000) to investors. Since you invested with 1% of the total amount raised ($3,000 / $300,000 = 1.0%), you would receive a $130 payment.
Based on the Total Raise Amount, the Issuer will share 6.5% of its revenues monthly until the 1.60x Investment Multiple is reached.
Let’s assume that the Issuer generated $400,000 in month 24. The issuer will make a $24,000 payment ($400,000 x 6.5% = $26,000) to investors. Since you invested with 0.5% of the total amount raised ($3,000 / $600,000 = 0.5%), you would receive a $130 payment.
* 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.
Pour Behavior will be open seven days/nights a week and will offer a variety of menus throughout its hours. As a truly central and versatile space in the heart of Midtown, the kitchen will meet the needs of weekday lunch, Sunday brunch, late-night bites and every meal in between. Over 50 television screens, large projectors, a stage for live performances, numerous lawn/billiard games and a state-of-the-art audio system will ensure that there’s activity to be enjoyed at all times.
With decades of providing high level customer service, the Pour Behavior team knows how to craft a comfortable and intimate experience within a large venue. The relaxed and un-pretentious atmosphere will be established and maintained by employees who have gone through rigorous training programs and who are committed to consistency, quality and customer service. This is not only appealing to patrons but to the promoters, DJs and additional third-parties with which the venue will collaborate.
The Pour Behavior concept reflects overall shifts in consumer preferences surrounding food and beverage establishments. Over several decades in the industry, the leadership team has witnessed these changes firsthand. Consumers are interested in establishments they can go to directly from the office in their work attire, where the formal elements of a nightclub are removed, and extensive chef-driven food options and craft cocktails are added. Pour Behavior is a place patrons will be able to spend an entire evening, from happy hour through dinner to a more energetic nightlife experience, all under one roof.
The team also has plans for a Phase 2 expansion of the space. An additional Event Venue is being sectioned off within the building, adding to the potential opportunity of the space. The event space would be able to share the central kitchen and host additional private gatherings. The anticipated revenues from this space would also count towards the current business's revenues.
As for marketing, social media will play an essential role in promoting events and generating crowds. The venue will leverage its relationships in Houston to encourage ongoing coverage from prominent media outlets.
Pour Behavior will also develop a wide range of branded merchandise to position the concept as replicable in additional cities. Houston-centric Pour Behavior apparel and additional products are designed to cement loyalty among local consumers.
Pour Behavior will open at 2211 Travis Street, perfectly located in the heart of Midtown. The property spans the entire block and includes a full parking lot.
Cle Nightclub, one of the most successful clubs in the city, sits just across the street. New business developments in the area also signal high volume traffic.
Midtown is also becoming an ever-residential area, with a host of new apartment buildings. Since 2012, the area has seen 50% population growth. Residents and visitors alike flock to the area’s walkable streets (among the most accessible in Houston) and outdoor spaces. Midtown also hosts some of Houston’s most convenient and sustainable transit options located steps away.
Houston is a city primed for a multi-concept space such as Pour Behavior. Cities with comparable demographics—including Dallas and San Diego—have found much success with hybrid restaurant/nightlife/sports bar venues. Thus, there is no doubt that a concept like Pour Behavior will give Houstonians a space they can rely on for any and every occasion.
Joe has gained recognition and success as an entrepreneur by delivering exceptional customer service and unmatched concept designs for over two decades. Starting with a passion for the custom audio video industry, Joe opened Audio Vision in 1996 and developed a reputation and a craft to create truly impressive interior designs and unique audio video experiences.. In 2011, Joe brought those same qualities to the hospitality industry when he designed and opened Lumen, an upscale lounge and event space in Upper Kirby. Lumen immediately captured a loyal customer base and has remained a hot spot for Houstonians to enjoy for 7 years and counting. In early 2016, Joe opened his new concept On The Kirb, an organic eatery and sports bar focusing on organic foods, craft cocktails and local beers on tap, while boasting an impressive sports and entertainment vibe. Joe is now excited to bring his 23 years of business and customer service experience to Pour Behavior.
With over 25 years in the service industry, Chase has opened some of Houston’s most unique nightlife spaces. This includes Brixx on Washington, V21, and Proof Rooftop Lounge. The latter was named Zagat’s #1 rooftop bar in Houston and the #3 rooftop bar in the nation. His most recent projects include The Runway and Humble’s 10,000 square-foot Element Nightclub.
Chase's journey in the industry has given him a strong understanding of how to craft unique concepts for different parts of Houston. Most importantly, his roots in the industry give him a pulse for changing trends and ways to sustain true relevance over many years.
Roveen has amassed over 15 years of experience in sales and marketing across multiple industries, from technology and IT to nightlife and hospitality industries. His career spans stints with Motorola and the launch (and sale) of his own software development company.
As his entrance into the nightlife industry, Roveen worked with Chase on the successful launch of Proof Rooftop Lounge in 2014 until the sale of his interest shares in 2016. His current projects include Lincoln Bar, bringing in approximately 3 million dollars in gross sales a year. Roveen has a true knack for customer service, marketing and social media, able to constantly create different programs and promotions that stimulate business growth year over year.
The business's Anticipated Opening Date is its best estimate, and the timetable can vary significantly due to unforeseen circumstances.
November 19, 2018
A recent update was sent out to our investors. For the full update please check your investor emails from email@example.com!
September 20, 2018
As the founding managing partners of Pour Behavior and the soon-to-be named event venue, we would like to personally thank each and every one of you that invested in us with the sincerest appreciation and gratitude. Thank you for entrusting us to realize the vision we have for this massive Midtown project. Success is our only option!
We have put a lot of blood, sweat, and tears into this project over the past year from conception to its continued construction. We have been working diligently the last 6 months with construction and should get a better idea of when we will open phase 1 (Pour Behavior) in the next few weeks. As you know with construction, not everything can be followed by a strict timeline but we are doing our best to stay on course. Currently, we are working on tweaking our food and drink program as well as a few top secret things we want to implement.
A job fair will take place over the next few weeks. In the meantime, we will be working on the bonus rewards, marketing, media as well as our event planning for our Grand Opening week including our investor-only events.
Lastly, we would like to thank NextSeed for this opportunity and managing the entire funding operation. With NextSeed, just know you are in great hands! More news to come … stay tuned and once again, from the bottom of our hearts, THANK YOU!
Roveen, Joe, Chase
August 24, 2018
We have a correction to our previous update: Our event space will be opening in Spring 2019 and not in Winter 2019 as mentioned in the previous update. It’s an exciting time to be a part of the Pour Behavior family!
August 23, 2018
We are excited to announce that we have solidified the plans to build Phase 2 of the Pour Behavior project: a brand new, luxurious transformable multi-media venue to complement the dining and entertainment environment of Pour Behavior. The event space will boast a fun atmosphere with all the fine elements of a sophisticated event venue. The additional 10,000 sq. feet will have its own spacious kitchen providing the ideal catering set up for holiday and corporate parties, galas, concerts, and many more events.
The revenues generated from this space will be included in our NextSeed re-payments and are thrilled to be able to kick off this phase of the project with the NextSeed community. Our venue name will be announced at a later date and, to be clear, this venue will be open at the same location as Pour Behavior at 2211 Travis Street in Winter 2019.
August 3, 2018
We are working hard daily with a full staff of trade workers from welding, electrical, plumbing, and masonry. Brickwork, ductwork and bar welding are all coming along well [pictures below].
We’re getting more excited by the day as work progresses. We hope you can be part of this great venture.
Stay tuned next week for a big announcement!
July 16, 2018
It is an honor for us to introduce to you Chef Sean Brewer, one of our executive chefs who will be assisting us in creating and designing the menu for Pour Behavior. Although our main focus is on the bar/entertainment, it is of utmost importance to us that we provide a great dining experience for lunch, happy hour, dinner, and late night options as well as weekend brunches.
Chef Sean Brewer was born in Germany and has lived all over the United States including Austin, Los Angeles, and Seattle. At a young age, Sean’s love for the culinary arts was sparked by his French brother-in-law when he let him assist in preparing family dinners. After graduating from Le Cordon Bleu Austin in 2000 his career flourished in the city over the next sixteen years. Sean’s diverse culinary career consists of everything from baking to working as a fish Poissonnier to opening and operating the successful Austin staple, Paggi House. He later worked alongside celebrity-chef Tim Love to open Lonesome Dove in Austin. You may have seen Tim Love on shows like “Restaurant Startup” and other appearances on The Food Network. Sean’s passion for creating original cuisine and a desire to make his mark in the Houston food scene brought him to Pour Behavior. Sean is thrilled to work with such an innovative concept, a strong team and will have a diverse menu full of savory surprises Houstonians are sure to love. (And yes, those tattoos on his arm are of food, talk about passion or what?!)
Thank you and stay tuned for more announcements and updates.
-Roveen, Joe, & Chase
June 11, 2018
We are excited to say that as of June 8, 2018, all building permits required by the City of Houston for Pour Behavior have been approved. This includes foundation, storm drainage, parking lot reconstruction and the addition of a new building structure.
We are increasing manpower to complete specific jobs and have attached some pictures of our progress. More to come in the days and weeks ahead!
-Roveen, Joe, & Chase
May 21, 2018
We are ecstatic to have received so much press during the first weeks our campaign has been live and are motivated by the positive response to our project. Pour Behavior was featured in the Houston Business Journal, Culture Map Houston, the Houston Chronicle, and Eater Houston. One of our favorite highlights was from Culture Map Houston:
“The Pour Behavior concept reflects overall shifts in consumer preferences surrounding food and beverage establishments. Over several decades in the industry, the leadership team has witnessed these changes firsthand. Consumers are interested in establishments they can go to directly from the office in their work attire, where the formal elements of a nightclub are removed, and extensive chef-driven food options and craft cocktails are added. Pour Behavior is a place patrons will be able to spend an entire evening, from happy hour through dinner to a more energetic nightlife experience, all under one roof.”
Thank you for the overwhelming support we’ve gotten so far and look forward to moving closer to our maximum!
-Roveen, Joe, & Chase