$119,700 invested

117

Investors

24

Payments Made

Term Notes ?

Interest Rate 18.00%
Maturity 42 months
Minimum Target $75,000 ?
View Key Terms

Vigilante Gaming Bar

Austin, TX

  • Social board gaming, local craft brews and quality bar food at its finest
  • Fully customized gaming tables and an extensive game library of 150+ titles
  • Located at Airport and Lamar, in the fast-growing Lamar/Burnet corridor
  • Yahoo! reports that bars featuring vintage games "are attracting large crowds across the country"
  • This investment will be secured by a first lien on all assets of the company

Investment Details

$119,700 invested

117

Investors

24

Payments Made

Term Notes ?

Interest Rate 18.00%
Maturity 42 months
Minimum Target $75,000 ?
View Key Terms

Company Description

Vigilante is a full-service bar and restaurant for people who enjoy socializing over board games. We combine local craft beer and game culture with a quality-oriented experience featuring a contemporary bar atmosphere, custom furniture and fixtures, a 150+ title game library and a food menu of reimagined bar classics.

Vigilante is the latest evolution of the mainstreaming of nerd culture. Formerly niche hobbies are becoming major profit centers: comic books are now movie blockbusters, video games outperform those blockbusters, gadgets are ubiquitous, geek chic is fashionable and (most pertinently) we are in the golden era of the board game. Board game cafes have proliferated nationally as hybrid game retailers/coffee shops. However, these concepts do not adequately serve craft beer and bar enthusiasts who prefer a well-designed atmosphere, full menu, wide beverage selection and tableside service.

The enthusiastic response we have received from potential customers indicates that there is huge unmet demand for the Vigilante concept. Engaged potential customers have submitted hundreds of responses for exciting features, events and drinks. This response has given us the data we need to pre-test our ideas to ensure they resonate with future regulars; our team’s unique blend of hospitality, marketing, and engineering expertise positions us to deliver the new bar and restaurant experience they have demanded.

We are proud to present NextSeed investors with the opportunity to provide Austinites a place to socialize over beer and board games.

We look forward to gaming with you
Preston, Flip and Zack

Offering Summary

Issuer
Vigilante Gaming Bar, LLC (“Vigilante”)
Entity Type
Limited liability company
Principal Office
Current office address:
4102 Avenue H #A, Austin, TX 78751
Post-construction business address:
7010 Easy Wind Drive #150, Austin, TX 78752
Securities
Term Notes
Offering Amount
Minimum of $75,000 and a maximum of $150,000
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.

Use of Proceeds

Vigilante is raising between $75,000 and $150,000 on NextSeed. Proceeds will be used to help build the empty retail space into the quality full-service bar & restaurant our patrons demand. Proceeds raised in excess of the minimum goal will be used for mechanical and electrical installation.

Key Terms

Minimum Investment
$100
Interest Rate
18.00% per annum, accrued monthly
Term
42 months
Payments
The Issuer will make monthly payments of principal and interest during the term.
Maturity
At the end of the term, the Issuer is required to pay the outstanding principal and accrued and unpaid interest.
Prepayment
Prepayment in whole or in part may be made by the Issuer without penalty at the time of any scheduled monthly payment.
Security Interest
The Issuer will grant a first lien on all of its assets in favor of NextSeed for the benefit of the investors to secure the Issuer’s obligations under the Securities.

Total Payment Calculator

Principal Interest Rate* Term Total Payment*
18.00% 42 months $678

* Payment for any given month (including the total payment at the end of the final month) indicates the cumulative amount contractually required to be paid to an investor after the end of that month, assuming the loan is not prepaid. This calculation is an illustrative example only and may not reflect actual performance. Payment is not guaranteed or insured and investors may lose some or all of the principal invested if the Issuer cannot make its payments.

Bonus Rewards

Invest $500 or more

  • One Year of Secret Society Membership

Invest $1,000 or more

  • One Year of Secret Society Membership
  • Two Tickets to Sneak Peek Week

Invest $2,500 or more

  • Eternal Secret Society Membership
  • Four Tickets to Sneak Peek Week

Invest $5,000 or more

  • Private Room at Sneak Peak Week (seats eight)
  • Name Engraved on the Vigilante Monument
  • Eternal Secret Society Membership for two

Invest $10,000 or more

  • Vigilante Founder's Card: free game rentals to your entire table plus 15% off food and private room rentals for up to 8 anytime you visit
  • Private Room at Sneak Peak Week (seats eight)
  • Name Engraved on the Vigilante Monument

* Secret Society Membership perks include:

  • Free game rentals from our extensive collection, saving you $5 each time you visit
  • Online booking privileges, giving you the ability to plan your game night right, with advanced reservations for our custom gaming tables
  • Secret links containing early-bird pricing and purchasing options for tickets to exciting, limited-capacity Vigilante events
  • Membership to our loyalty program, which gets you a FREE meal for every 10 you’ve purchased
  • An invitation to participate in our ongoing Dungeons and Dragons campaign

* Each Sneak Peak Week ticketholder will receive:

  • One seat at one of our custom gaming tables (or private room, if applicable)
  • One appetizer, dessert, entree and two beverages of your choice
  • Free game rentals for the evening
  • A signed copy of our opening menu
  • Chance to provide crucial pre-opening feedback on food and service

* The Vigilante Monument is a large piece of art on display in the bar.

Business Model

Vigilante’s 3800 square foot location will seat 148 patrons. With operating hours Monday to Sunday, 11 am to 2 am, we will be the first late night bar in our area. Located with convenient access to TX-183, IH-35, North Central Austin, The University of Texas and downtown via the Austin Light Rail, Vigilante will be able to serve local Austin neighborhood residents as well as Cedar Park and Round Rock (each are among the fastest growing small cities in the country).

Vigilante’s market differentiator is how we seamlessly combine a restaurant experience with a gaming experience through custom furniture, fixture and service solutions. We are elevating our patron’s home game nights into a complete service package out on the town. This includes:

  • A searchable digital menu to match you with the optimal choice from our 150+ rentable game library
  • Large custom tables with roll-out cupholders and food trays to separate the social gaming space from eating and drinking area
  • A call for service button at each seat so we address customer needs as they arise, as opposed to interrupting their gameplay with check ins
  • A “Join Us” signal at each table to help patrons team up and play together
  • Custom lighting fixtures to light play surfaces while maintaining a darker bar atmosphere
  • Food items designed to be cleanly eaten during play (eg. pub sliders vs. greasy burgers)

Library access will cost $5 per patron for the entire evening, and Vigilante Secret Society members will enjoy free library access as part of their membership ($14/month or $120/year). Patrons will also have the opportunity to bring their own games if they so desire.

We will offer a highly focused, simple menu featuring quality food and locally sourced beer, gourmet sodas by the bottle, a well-rounded wine list, and a food menu featuring such fare as:

  • Hand held bar classics and street foods for clean eating while gaming: a selection of sliders, mini sandwiches, samosas, potato wedges and skewered meats (candied bacon, spicy chicken and others)
  • Charcuterie boards, bar snacks and shareable plates to graze while gaming
  • Mason jar milkshakes, cake pops, and s'mores in a jar

The Vigilante team regularly asks our customers what they want to experience, and engaged potential customers have submitted hundreds of responses for features, events and drinks. This campaign has given us the data we need to pre-test our ideas to ensure they resonate with future regulars.

Partnering with local conventions, Austin’s largest local game retailer, and local game designers as well as hosting events is creating significant pre-opening interest. We will leverage our online presence post-opening by communicating a rotating set of weekly gaming events (based on feedback) to give patrons a reason to return week after week.

Location Analysis

Austin is the perfect starting location for this concept. Forbes has ranked Austin as the #1 fastest-growing city in the nation for the fourth straight year, and the #1 “City to Watch.” The city has a large population of young professionals constantly seeking new and extraordinary experiences: over 600,000 people aged 25-50 live within a 15-minute drive of our location.

Vigilante has leased 3,800 square feet at 7010 Easy Wind Drive, in a mixed-use project called Midtown Commons. Located at the intersection of major Austin thoroughfares Airport and Lamar Blvd, we are the center of a heavy growth area in Austin. Including the Crestview Light Rail Station, Justin Lane Transportation Oriented Development Zone, the upcoming Highland Austin Community College Flagship Campus, and blocks away from the exploding Burnet Corridor.

Furthermore, Midtown Commons is in what we affectionately call “The Austin Gamer Hub,” which holds many long- established hallmarks of Austin’s gaming culture: Dragon’s Lair, Pat’s Games, Emerald Tavern, Great Hall Games, Austin Books & Comics, Pinballz, Capstone Comics, and the recently-opened Seventh Room. Each of these businesses has experienced exceptional success over the past decade: we are building where our core audience already exists.

Based on 600+ survey responses, we have a strong picture of where our patrons live:

  • 83% live in North, Central, or Greater North Austin.
  • 22% live in Cedar Park, Round Rock, or Pflugerville
  • Only 12% live in south of Lake Austin

As a destination bar where patrons can spend an evening playing games, socializing and partaking in our events and menus, Vigilante is ideally located to provide simple and swift access to patrons across the city of Austin and its largest surrounding suburbs.

Leadership

Preston Swincher, Chief Executive Officer

Preston Swincher is the CEO and Founding Visionary of Vigilante. His obsessive attention to detail, deep commitment to the patron experience and passion for hospitality and gaming have defined and guided the Vigilante vision.

Mr. Swincher graduated from Texas Christian University with a BBA in Entrepreneurial Management and a BFA in Theatre. He was one of the inaugural Front of House Managers for the award winning AT&T Performing Arts Center in Dallas, Texas, a $350 million dollar multi-venue facility. He helped design the customer service policies and procedures of the center, created the arts center Docent Program, hired and trained over 40 part time employees and 5000 volunteers, managed Front of House operations for a 2,200 seat opera house and 600 seat theatre, and transformed stressful customer service situations into positive, memorable experiences for million-dollar donors.

  Read More

For the past four years Mr. Swincher has worked across the country as an independent professional keynote speaker and consultant on Generation Y employees and markets. His invaluable insight into consumer thought processes and the desires of young employees has improved hundreds of businesses and organizations across dozens of industries.

Mr. Swincher now passionately seeks to redefine how patrons socialize over food, drink and games. He coordinates Vigilante's design/build, originates customer policies and procedures, is the face for Vigilante's social media outreach and drives the crucial community partnerships needed for Vigilante's success.

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Philip “Flip” Kromer, President

As President, Philip "Flip" Kromer leverages his professional background to provide invaluable insight into startup operations, fundraising, and investor relations. He is also designing the ingenious custom fixtures and furniture of Vigilante, elevating our patron's experience through novel electronics, programs, and mechanical designs. Driven by a vision for practical magic on the restaurant floor, his work enables Vigilante to fully integrate gaming culture with bar culture.

Mr. Kromer was co-founder and CTO of Infochimps, a pioneering startup in the Big Data / Cloud Computing arena. He has spoken at many industry conferences including South by Southwest, Strata, Velocity, Hadoop World Europe, NIST and CloudCon. Following Infochimps' acquisition by CSC, Flip moved into the office of the CTO and was named one of CSC's inaugural Distinguished engineers. He wrote "Big Data for Chimps" (O'Reilly 2015), a guide to data science in practice, is a contributor to numerous open-source projects, and has led several projects to community adoption.

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He advises several Austin startups on technology and product development, which is how he fell in love with the Vigilante team and vision. His current fascination with 'Internet of Things' and rapid prototyping technologies, and his ongoing passion for building a data-driven business, provide Vigilante with unique differentiation from standard restaurant concepts.

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Zack Daschofsky, Director of Marketing

Zack Daschofsky is the mind behind Vigilante’s marketing and branding strategy, and oversees the social and online promotion of the business, building a local, excited and active fan base for a bar that has yet to pour its first beer.

Mr. Daschofsky holds a Bachelor of Science from the University of Texas’ prestigious Public Relations/ Business Foundations Program, and has years of experience in the worlds of PR and marketing, where he’s worked for Phillips & Company, AMD and One Source Networks. His current 9-5 is at Chaotic Moon Studios (part of Accenture Interactive) in Austin, Texas, where he serves as Marketing Manager for the marketing and R&D department and focuses on digital marketing operations, including website management, video and content creation, inbound lead nurturing, drip marketing and email campaigns, digital advertising, event management, sales collateral and more.

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Besides his experience and technical know-how, Daschofsky - as an excellent communicator, true people person and self-proclaimed “nerd” - brings a knowledge and understanding of Vigilante’s target customers and a demonstrable ability to relate and appeal to an audience and community that he, himself, is a proud part of. This, combined with his excitement for the business and true passion for gaming, makes him the perfect pointman for spreading the Vigilante gospel and sharing the brand with Austin and, eventually, the world.

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History

July 2015
The Vigilante team formally assembles
August 2015
Vigilante attends board game bash and launches its online social media, gathering its first 250 survey respondents and 600 Facebook likes
September 2015
Vigilante’s Facebook page achieves over 2,000 likes
December 2015
Vigilante signs its lease at Midtown Commons, hires Ben May to design and build our establishment. Vigilante announces its partnership with Dragon’s Lair Austin
February 2016
Austin Eater hears about Vigilante online and publishes an article that garners us exposure to over 23,000 Facebook users
March 2016
Vigilante successfully concludes its Kickstarter, raising over $39,000 in 30 days
May 2016
Vigilante hosts its first game night at Dragon’s Lair and successfully playtests “Bars Against Humanity” to high praise after a fun and irreverent evening
Late 2016
Expected soft opening of Vigilante Gaming Bar

February 14, 2017

Get Ready to Game!

Vigilante Gaming Bar held the first of its Sneak Peek Week events last night. Our guests enjoyed great food, drinks, and a huge selection of games in our new space. We officially open Friday the 17th of February!

January 19, 2017

Get Ready for a Sneak Peak!

We are excited to announce our official opening date as February 17th! We’ve sent out an email to investors for our Sneak Peak Week, which will be happening the 13-15th of February. We can’t wait to celebrate in the space you helped create!

From then on, we will be open Monday to Sunday from 11am to 2am. Our kitchen will be up and running, we will have a complete beer, wine and sake menu, our custom game collection (complete with digital menu) will be available for your gaming pleasure and we will even have our secret rooms fully (un)locked, loaded and ready to go. Get ready- #VigilanteIsComing

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