Broads

Female-forward bar serving spirits that are woman-owned and honoring women in history.

https://wefunder.com/broads

Total raised on Wefunder: 73410

Total investors: 115

Quick facts

  • Owned and operated by the team behind the successful vegan restaurant Cashew in Chattanooga, TN.
  • Cashew began in Sept. 2013, and has seen over a 700% increase in revenue since its first full year.
  • Broads will open in March 2024 as the first female-forward cocktail lounge in the country.
  • Over 95% of our spirits, beers, wines, and foods will be from female-founded or female-led brands.
  • Offering investors a 1.5x return with a projected payback in 6 years (6% IRR). Early bird at 2x
  • Broads will donate a percentage of sales monthly to a nonprofit dedicated towards supporting women.
  • Raising capital to complete our build-out and open our doors in downtown Chattanooga.
  • 10-year lease signed with 2 additional 5 year rate-guaranteed lease extensions.

Team profiles

Featured investor profiles

Broads

Female-forward bar serving spirits that are woman-owned and honoring women in history

Funded badge
Last Funded April 2024

$73,410

raised from 115 investors

What Investors Say

LEAD INVESTOR
Invested $5,000 this round
Money is energy and represents one’s mental, physical, & emotional exchange. I feel honored to be able to invest my money in Broads Lounge. Kristiana and Bailey have made it Broads’ mission to support women entrepreneurs and women-owned businesses and create a space that reminds us that women make the most impact when supporting each other’s visions and dreams. This business is designed in the spirit of reciprocity where the give and take in community extends well beyond the exchange of one’s hard-earned money for a cocktail. This place intends for us to feel the legacy of women who take risks and to celebrate the creative act of being oneself as a limitless unfolding when we come together. While there are many businesses in which one can invest, Broads speaks to my personal joy in watching women celebrate and support one another in practical and in soul-affirming ways.
What People Say