Apex Memorial
Regulation Crowdfunding offering on NextSeed
$150,000
of $150,000 goal
100.0% funded
About the offering
Texadelphia Memorial is one of several new and improved versions of a favorite Texas restaurant franchise. Since 1981, Texadelphia has been cooking up a Lone Star-version of the classic cheesesteak, adding signature elements like jalapeños, mushrooms, and of course – a whole lot of queso. Reimagined by Jeremy Sanders and Kenny Owen, Texadelphia Memorial (along with the locations in Galveston and Katy) will combine the atmosphere of a sports bar with the popular time-tested food of Texadelphia. Featuring over 30 TVs to catch your favorite sports, this new location - 5,000 sq ft of space - is custom built to be the perfect family-friendly neighborhood sports lounge and restaurant. Business Model - By leveraging a well-known restaurant brand in order to create a new type of franchise location, Jeremy Sanders and Kenny Owen are combining the tried and true cuisine of Texadelphia with a fresh business model, focused on growing bar sales and increasing the frequency of customer visits. The sports bar atmosphere will provide a go-to game watching destination for area residents, one that is lively, social, and family-friendly. After proving out the model with the successful Galveston location, Summit Interests (the holding company owned and operated by Jeremy Sanders and Kenny Owen) is expanding rapidly into several new markets, including the Houston suburb of Katy.
FAQ
How much has Apex Memorial raised?
Apex Memorial has raised $150,000 of a $150,000 goal.
Where is Apex Memorial's campaign listed?
The offering is listed on NextSeed, an SEC-registered Reg CF intermediary.
What are the terms of Apex Memorial's raise?
Debt, 15% interest, 48-month term.
When does Apex Memorial's offering close?
The stated close date is Jan 23, 2020.
