Data / Crowdfunding / Texas / Intero Restaurant LLC
Intero Restaurant LLC: crowdfunding raise on NextSeed US LLC, $100,000 to $200,000 (2017)
Intero Restaurant LLC, a limited liability company in Austin, TX, filed a Form C with the SEC on March 10, 2017 to raise $100,000 to $200,000 in debt through NextSeed US LLC. The offering closed on May 10, 2017. In its most recent fiscal year it reported $1,172 in revenue and a net loss of $237,303, with 21 employees.
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- Website
- interorestaurant.com
- Funding portal
- NextSeed US LLC
- Address
- 2612 EAST CESAR CHAVEZ STREET, Austin, TX 78702
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- April 1, 2014
- SEC CIK
- 0001695370
Offering terms
From the offering filed March 10, 2017.
- Security
- Debt
- Target
- $100,000
- Maximum
- $200,000
- Deadline
- May 10, 2017
- Portal compensation
- NextSeed charges the Issuer 10% of the total offering amount as compensation for its services provided in connection with the offering, provided that NextSeed will only charge 5% for funds raised from investors referred by the Issuer.
Financials
From the Form C-AR filed April 27, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,172 | $0 | sec.gov |
| Cost of goods sold | $8,838 | $0 | sec.gov |
| Net income | $-237,303 | $-49,087 | sec.gov |
| Taxes paid | $3,850 | $0 | sec.gov |
| Total assets | $691,771 | $196,092 | sec.gov |
| Cash | $368,068 | $196,092 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $41,680 | $0 | sec.gov |
| Long-term debt | $180,535 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 27, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| May 15, 2017 | Progress update | $100,000 | $200,000 | May 10, 2017 | The issuer raised $200,000. | sec.gov |
| March 10, 2017 | Offering | $100,000 | $200,000 | May 10, 2017 | sec.gov |
Updated April 27, 2018. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.