The Toasted Coconut on NextSeed

The Toasted Coconut plans to add a touch of tropical to Houston’s Montrose neighborhood.

CLOSED

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The Toasted Coconut Website

minimum raise

$107,000

maximum raise

$250,000

start date

05/10/2019

stop date

06/27/2019

security type

Debt

investment minimum

$100

raised to date

$250,000

reporting date

CLOSED

number of investors

152

percent of minimum raised

234%

percent of maximum raised

100%

likelihood of reaching max

Likely to Reach Max

dollars per day to reach max

$0

dollars per day committed

$5,208

dollars per day - category-

$1,021

dollars per day committed - all companies

$997
More SEC Filing Data on The Toasted Coconut from Crowdfilings.com

The Toasted Coconut, a tropical restaurant in Houston, is raising funds on NextSeed. The restaurant is bringing an island escape to Texas with its tiki-inspired drinks and innovative food. The ambiance of The Toasted Coconut gets completed with a large patio with beach sand, tropical plants, and palms. The Toasted Coconut is owned by the team behind Nobie’s, including Martin Stayer, Sara Stayer, and Stephen Stayer and is scheduled to open doors in June 2019. The proceeds of the current crowdfunding round, with a minimum raise of $107,000 and a maximum raise of $250,000, will be used for the buildout of the restaurant, construction, landscaping, design elements, and equipment furnishings. The owners of The Toasted Coconut already run Nobie’s successfully and are highly experienced in the business.