Funds raised up to $1 million will be used toward: architectural design, construction materials, construction of the market and commissary kitchen, mechanical, electrical and plumbing, finishes elevators and modular stalls for the upstairs market.
Funds raised up to $2.57 million will be used toward: architectural design, construction materials, construction of the market and commissary kitchen, mechanical, electrical and plumbing, finishes elevators, modular stalls for the upstairs, equipment purchases, furniture, fixtures and decorations, the POS system and signage.
Railway Heights, LP
Type of Offering
Parallel Offering (Reg CF & Reg D)
NextSeed Securities, LLC
|Min Individual Investment|
|Raised to date|
$162,400 (under Regulation Crowdfunding)
$95,000 (under Regulation D)
|Type of Securities|
Revenue Sharing Note
Up to 2.0x
|Revenue Sharing Percentage|
Up to 20%
If the final offering amount raised is less than or equal to $1,500,000, then 12.0% of monthly gross revenue will be shared.
If the final offering amount raised is greater than $1,500,000 then 20.0% of monthly gross revenue will be shared.
|Security Interest||Blanket Lien on all assets of the business|
|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.
|Early Payment Provision|
If the Revenue Sharing Notes are paid in full at least 36 months or more prior to Maturity, the Investment Multiple will be reduced in accordance with the terms of the Note Purchase Agreement. Please review the Note Purchase Agreement and "Section I. Summary of Offerings, page 7" in the Disclosure Statement, available here, for a complete discussion of the potential reductions.
|View the Issuer's SEC Form C filing|
How do Revenue Sharing Notes work?
See our infographic for a detailed explanation here.
1The investment multiple may be reduced if the investment is repaid early. Review the early payment provisions outlined in the Disclosure Statement found here.
2If the final offering amount raised is less than or equal to $1,500,000, then 12.0% of monthly gross revenue will be shared. If the final offering amount raised is greater than $1,500,000, then 20.0% of monthly gross revenue will be shared.
3The term of the note begins after the first full month following closing. Payments on the note begin after the first full month the business is open and operating. Payments end when the business pays you back your total payment, or upon the maturity date, whichever is earlier. If any amount remains owed to investors on the maturity date, the Issuer will be required to promptly pay the entire outstanding amount owed. 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 projected revenues.
4This offering has a minimum investment amount of $2,000.
5There is no guarantee that the Issuer will ever produce revenues, or that such revenues will be sufficient to repay the note in full prior to the maturity date. Investors risk losing part or all of their investment. Please review a full discussion of the offering’s risk factors in the Disclosure Statement found here.