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Randall Mark
I'm a Texas business owner and international investor. I studied the disclosure statement carefully, and did lots of Googling about the Rambler principals, their current businesses, the Hotel Zeppelin and its owners, and the reviews Rambler and the ...
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NextSeed
Randall, thank you for your kind words and support. The Principals behind Rambler have been in food & beverage business for years. We have learned from our successes and more from our failures. We feel Rambler is the culmination of our best ideas a ...
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Randall Mark
Thanks for your invitation. As a matter of fact I'm flying to San Francisco on Thursday Nov. 3. I could stop by Rambler for a brief visit mid-afternoon that day. Whom should I contact and how?
NextSeed
Randall, that's good to hear! We are open for business, so feel free to check out the restaurant at 545 Post St., San Francisco, CA 94102.
Ryan
This looks really interesting! Is there documentation evidencing that the Note Purchase Agreement and Notes are secured? The documents posted do not include any security documents or UCC filings and the NPA and Notes don't refer to collateral coven ...
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NextSeed
Hi Ryan, NextSeed will file a UCC lien once the offering is successful and payment is disbursed to the business, on behalf of the investors. As for covenants against incurring liens, please see Section 8(g) of the Note Purchase Agreement.
Yau
I like the concept, but... Why did Postrio leave this location? If Wolfgang Puck couldn't make it work here, that raises questions.
NextSeed
Hello Yau, thank you for the question and we appreciate your interest in Rambler's campaign. We are not privy to the exact reasons behind Postrios's closure. We do know that Postrio was a high-end restaurant that closed in 2009 at the height of the ...
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Darian
Awesome leadership team we are happy to be apart of your success, all for you lets go
Hieu
The balance sheet in the disclosure shows $920,000 in members' equity. The answer to Patrick's question seems to suggest that equity is closer to $2M (if we are counting hotel's tenant improvement reimbursements). What is the true equity/debt breakdo ...
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NextSeed
Hi Hieu, the balance sheet is dated as of February 17, 2016, the date that the business was formed. The total equity raised from investors to date, in addition to the tenant improvements, granted by the hotel is closer to $2M. Aside from the normal ...
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Mary
Hi. Can you explain why your projected returns aren't matching your stated rate? A $1000 investment with a 12% return should bring in $1254 at the end of twenty-four months ($240 in simple, $14 in compounded). It looks like you're offering a 6.5% per ...
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NextSeed
Hello Mary, please note that the term notes offered on NextSeed are amortized on a monthly basis, so investors receive fixed monthly payments of interest and principal over the entire term (24 months in this case). This is similar to the structure o ...
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Patrick
I think the return is too low considering the restaurant business is one of the most risky of all. The return should be at least 15% plus.
Rambler
ISSUER
Hi Patrick, Thank you for your feedback. Despite the general risk associated with restaurant operations, we believe Rambler represents a differentiated and compelling investment opportunity. First, we are a very experienced local managem ...
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Dustin
Is there a website? Menu that we can look over?
Rambler
ISSUER
Hi Dustin, thank you for wanting to learn more! Rambler’s website can be found: http://www.ramblersf.com/. Our Facebook page can be found: https://www.facebook.com/RamblerSF/. We are working hard to open in early October, and Chef Robert will not b ...
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