Use of Proceeds

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.

Key Terms

Issuer
Railway Heights, LP

Type of Offering
Parallel Offering (Reg CF & Reg D)

Offered By
NextSeed Securities, LLC

Offering Min

$500,000

Offering Max

$2,570,000

Min Individual Investment

$2,000

Raised to date

$228,400

$145,900 (under Regulation Crowdfunding)

$82,500 (under Regulation D)

Type of Securities

Revenue Sharing Note

Investment Multiple

Up to 2x

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.

Maturity 96 months
Payments

Monthly

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

Revenue Sharing Summary

Investment Return Scenario*



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.