Company Profile (AI Text) Name: Boardwalk Hospitality Canonical URL: https://wefunder.com/boardwalk Updated at: 2026-06-08T05:00:13Z Tagline: The 1st Ben & Jerry's on the world's most popular beach Elevator pitch: Later this year we will open a beautiful Ben & Jerry's Ice Cream franchise and a Peet's Coffee shop on the Venice Beach Boardwalk in Los Angeles, California. Venice Beach is the most popular beach in the world, with over 16 million annual visitors. Key claims: - Total raised on Wefunder: 499895 | citation: https://wefunder.com/boardwalk#claim-total-raised - Total investors: 525 | citation: https://wefunder.com/boardwalk#claim-total-investors Verified facts: - Total raised on Wefunder: 499895 | observed_at: 2026-06-08T05:00:13Z | expires_at: 2026-06-09T05:00:13Z - Total investors: 525 | observed_at: 2026-06-08T05:00:13Z | expires_at: 2026-06-09T05:00:13Z Computed metrics: - total_amount_raised: 499895 - total_investors: 525 - team_size: 3 - featured_investor_count: 0 - faq_count: 5 - recent_post_count: 10 Quick facts: - Opening in October 2017 | citation: https://wefunder.com/boardwalk#claim-fact-1 - 16 million annual visitors at Venice Beach Boardwalk | citation: https://wefunder.com/boardwalk#claim-fact-2 - Working with consulting partner who managed the #1 performing Ben & Jerry's franchise for over 15 years | citation: https://wefunder.com/boardwalk#claim-fact-3 - Store already designed by Ben & Jerry's headquarters | citation: https://wefunder.com/boardwalk#claim-fact-4 - Ben & Jerry's Franchise Agreement signed after two year vetting/training process | citation: https://wefunder.com/boardwalk#claim-fact-5 - Secured 5 year lease for a property centrally located on the Venice Boardwalk (plus option for 5 more) | citation: https://wefunder.com/boardwalk#claim-fact-6 - Secured all necessary equipment including point of sale/accounting systems and merchandise | citation: https://wefunder.com/boardwalk#claim-fact-7 FAQ: - Q: Why did you decide to go with a loan on wefunder? Couldn't you get a better rate from a bank? A: Our bank, Wells Fargo will only lend to a business that has been open for a minimum of two years, despite us having excellent credit scores. On the positive side, we are hoping to build a great community of investors - each of whom I am sure will have great ideas/concepts for us. I have invested in several of these "crowd funding" deals myself and love the concept! - Q: What was the train of thought between incurring debt instead of issuing equity? A: Based on historic numbers and traffic flow we believe that it will be very easy for us to pay off the debt and we didn't want to have a lot of small equity partners. We would be amicable to discussing an equity position with a large investor, especially somebody interested in additional locations. - Q: What quarter do payments start being paid back? 4th 2017? 1st 2018? If investing $500 do you get the lithograth plus the art print? A: We are thinking of first repayment December 31st, 2017. If you invest $500 we will send you both the lithograph and the fine art print. They will be gorgeous (we founded a big art company 15 years ago)! Have a great weekend. Best regards Klaus - Q: Will the note secured with assets? Are you personally guaranteering the note? A: Hi Jon, we have not personally guaranteed the note but are obviously confident that the business will throw off sufficient cash flow. If you are looking at investing a large amount, we would be more than happy to personally guarantee such loan. - Q: Will the Wefunder debt be senior or subordinate to the related party loan? A: Hi Ryan, senior to the related party loan! Have a great weekend. Cheers Klaus Recent posts: - Summer Post (2023-11-01T22:01:29Z) https://wefunder.com/feed/164546 - No news unfortunately (2023-06-08T21:40:14Z) https://wefunder.com/feed/164489 - COFFEE TIME (2019-07-23T23:19:49Z) https://wefunder.com/feed/119674 - Visitors (2019-06-10T20:33:56Z) https://wefunder.com/feed/119035 - FREE CONE DAY CREW (2019-04-10T16:22:38Z) https://wefunder.com/feed/110456 - FREE CONE DAY !!!! (2019-04-09T23:08:35Z) https://wefunder.com/feed/110291 - FREE CONE DAY IS UPON US - HEAL THE BAY! (2019-04-09T13:35:26Z) https://wefunder.com/feed/107137 - FREE CONE DAY! (2019-03-28T22:39:31Z) https://wefunder.com/feed/104464 - FREE CONE DAY (2019-03-28T22:36:20Z) https://wefunder.com/feed/104463 - THANK YOU! (2019-03-11T22:29:38Z) https://wefunder.com/feed/100737