{"data":{"type":"company_profile_ai","id":150501,"entity_id":"wefunder:company:150501","attributes":{"canonical_url":"https://wefunder.com/coralclub","retrieval_urls":{"canonical":"https://wefunder.com/coralclub","json":"https://wefunder.com/coralclub.json","markdown":"https://wefunder.com/coralclub.md","ai_json":"https://wefunder.com/coralclub.ai.json","ai_text":"https://wefunder.com/coralclub.ai.txt","changelog_json":"https://wefunder.com/coralclub.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-23T05:02:20Z","generated_at":"2026-06-23T17:37:49Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":150501,"entity_id":"wefunder:company:150501","slug":"coralclub","name":"Coral Club","tagline":"A new cocktail bar celebrating the creative spirit of East Nashville","location":"Nashville, TN","website":"https://www.thecoral.club","total_amount_raised":124000,"total_investors":28,"is_funded":true,"is_active":true},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 124000","citation":"https://wefunder.com/coralclub#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-23T05:02:20Z","as_of":"2026-06-23T17:37:49Z","confidence":"high"},"observed_at":"2026-06-23T05:02:20Z","expires_at":"2026-06-24T05:02:20Z"},{"claim_id":"claim-total-investors","text":"Total investors: 28","citation":"https://wefunder.com/coralclub#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-23T05:02:20Z","as_of":"2026-06-23T17:37:49Z","confidence":"high"},"observed_at":"2026-06-23T05:02:20Z","expires_at":"2026-06-24T05:02:20Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 124000","citation":"https://wefunder.com/coralclub#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-23T05:02:20Z","as_of":"2026-06-23T17:37:49Z","confidence":"high"},"observed_at":"2026-06-23T05:02:20Z","expires_at":"2026-06-24T05:02:20Z"},{"claim_id":"claim-total-investors","text":"Total investors: 28","citation":"https://wefunder.com/coralclub#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-23T05:02:20Z","as_of":"2026-06-23T17:37:49Z","confidence":"high"},"observed_at":"2026-06-23T05:02:20Z","expires_at":"2026-06-24T05:02:20Z"}],"company_claims":{"tagline":"A new cocktail bar celebrating the creative spirit of East Nashville","story":"Coral Club offers 2,500 square feet of year-round drinking space and an additional 1,300 square feet of seasonal rooftop deck in the heart of East Nashville.\u0026nbsp;Biophilic design and warm curves inspire a vacation state of mind - an inviting cocktail den with modern coastal vibes and local flair.There is space for everyone here. Secluded nooks and corners offer privacy, a prominent bar welcomes regulars and singles, and flexible seating accommodates large groups.You can hang out all day with light, airy day-time vibes transitioning to mood lighting at night with a music program that builds intensity as the night progresses to compliment the space and the welcoming atmosphere we love to curate.Coral Club will be open year-round, 7 days a week, 5pm–1am providing a soft, organic, safe, and inviting environment to drink, gather, and create memories.East Nashville has only one rooftop bar for over 70,000 residents. We’re excited to fill a large void in the East Nashville food \u0026amp; beverage space.\u0026nbsp;From Catbird Seat, Patterson House, and Rolf \u0026amp; Daughters to Folk, Attaboy, and Urban Cowboy Public House, our team has helped shape many of the food and beverage experiences that have put Nashville on the culinary map.\u0026nbsp;With Tennessee surpassing population growth records, Nashville's 14.2% growth from 2010 to 2020, and a thriving job market, the appetite for these experiences is only growing,\u0026nbsp;Coral Club is poised to capture the influx of residents and visitors seeking a vibrant and dynamic social experience.We’ve spent the last two years scheming—touring spaces, meeting landlords, doing market research, getting bids from contractors.Then we came across this location. We knew this was the perfect place for Coral Club.We’re raising money to fund completion of the buildout and operations and make sure that we can offer a great product.We’ve partnered with Pathway lending and local investors to get ready to open the bar.We’re raising to get to the finish line while making sure that our earliest supporters, neighbors, and community members are onboard to share in what we’re creating.So many of Nashville’s hottest new developments are funded by big corporations from out of town. We’re a team proudly based in East Nashville, looking to serve the residents and visitors of East Nashville. We think that Nashville deserves to own a piece of Coral Club and our success.100% of the company’s distributable cash* for each fiscal quarter will be distributed by Coral Club to investors owning Preferred Units until all investors have received 120% of their investment in Coral Club.After that, 20% of Coral Club’s distributable cash for each fiscal quarter will be distributed by Coral Club to each investor, in relation to their initial investment, in perpetuity.*Distributable cash means, for any fiscal period of the Company, the Company’s gross revenues from operations received during such period less cash funds used to pay current operating expenses (including management operation pay to Bar Riviera LLC) and to pay or establish reasonable reserves for future expenses, debt payments, capital improvements, and replacements as determined by the Managing Member.Forward-looking statements are not guaranteed.Based on a conservative projected annual growth rate of 5%, we have calculated a complete return of investor capital, including preferred return distribution, to be accomplished in full in calendar year 3 and the switch from 100% distributable cash to investors and 0% to management to 80% distributable cash to management and 20% to investors in perpetuity.We, the company, will actively be working in and managing the day-to-day operations of the business, overseeing every drink poured and guest served. Our main priority is to protect our asset at all costs, ensuring that our vision and your money are safe, secure, and profitable.We will provide quarterly statements, P\u0026amp;L’s, and will always be available to discuss operations and financials. We have available our full 7-year proforma for your review.Forward-looking projections are not guaranteed.","quick_facts":["Over 40 years of combined hospitality experience in Food \u0026amp; Beverage amongst the partners.","Years of experience from Michelin Stars to Worlds 50Best Bars \u0026amp; Restaurants, Dive Bars to Wine Bars","Nashvilles explosive growth remains as some of the best in country. 98 people move to town each day.","Music City visitors spent $27 million a day in 2022 breaking records and up 35% from 2021","Team of experienced Nashville food \u0026amp; beverage resident locals. Excited to add to the community.","Largely locally backed and partially owner funded. Putting our money where our mouth is","Driven by community and excited to open this opportunity to our community to invest alongside of us"]},"computed_metrics":{"total_amount_raised":124000,"total_investors":28,"team_size":4,"featured_investor_count":1,"faq_count":5,"recent_post_count":0},"quick_facts":[{"claim_id":"claim-fact-1","value":"Over 40 years of combined hospitality experience in Food \u0026amp; Beverage amongst the partners.","citation":"https://wefunder.com/coralclub#claim-fact-1","observed_at":"2026-06-23T05:02:20Z","expires_at":"2026-06-30T05:02:20Z"},{"claim_id":"claim-fact-2","value":"Years of experience from Michelin Stars to Worlds 50Best Bars \u0026amp; Restaurants, Dive Bars to Wine Bars","citation":"https://wefunder.com/coralclub#claim-fact-2","observed_at":"2026-06-23T05:02:20Z","expires_at":"2026-06-30T05:02:20Z"},{"claim_id":"claim-fact-3","value":"Nashvilles explosive growth remains as some of the best in country. 98 people move to town each day.","citation":"https://wefunder.com/coralclub#claim-fact-3","observed_at":"2026-06-23T05:02:20Z","expires_at":"2026-06-30T05:02:20Z"},{"claim_id":"claim-fact-4","value":"Music City visitors spent $27 million a day in 2022 breaking records and up 35% from 2021","citation":"https://wefunder.com/coralclub#claim-fact-4","observed_at":"2026-06-23T05:02:20Z","expires_at":"2026-06-30T05:02:20Z"},{"claim_id":"claim-fact-5","value":"Team of experienced Nashville food \u0026amp; beverage resident locals. Excited to add to the community.","citation":"https://wefunder.com/coralclub#claim-fact-5","observed_at":"2026-06-23T05:02:20Z","expires_at":"2026-06-30T05:02:20Z"},{"claim_id":"claim-fact-6","value":"Largely locally backed and partially owner funded. 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This team of seasoned hospitality pros will bring a warm and welcoming experience to East Nashville. I trust that their hands-on approach will ensure this venue not only looks great but runs smoothly and sustainably. The close distance to downtown Nashville will definitely keep the place lively, taking full advantage of the city's thriving nightlife. With a top-notch team, a striking design by Studio Yuda, and a strategic spot, Coral Club is set to be an exciting addition to Nashville's dynamic hospitality scene."}],"relationships":[{"source_entity_id":"wefunder:company:150501","relation":"has_team_member","target_entity_id":"wefunder:company_role:4165176"},{"source_entity_id":"wefunder:company:150501","relation":"has_team_member","target_entity_id":"wefunder:user:4355990","target_url":"https://wefunder.com/brice.hoffman"},{"source_entity_id":"wefunder:company:150501","relation":"has_team_member","target_entity_id":"wefunder:user:4224907","target_url":"https://wefunder.com/aaron.izaguirre"},{"source_entity_id":"wefunder:company:150501","relation":"has_team_member","target_entity_id":"wefunder:user:4210151","target_url":"https://wefunder.com/kristopher.esqueda"},{"source_entity_id":"wefunder:company:150501","relation":"has_featured_investor","target_entity_id":"wefunder:user:4373205","target_url":"https://wefunder.com/julia.jaksic"},{"source_entity_id":"wefunder:company:150501","relation":"has_latest_fundraise","target_entity_id":"wefunder:fundraise:106988"}],"faq":[{"question":"I'm impressed at the offer! Can you tell me about the parking situation? How much does an average cocktail cost? And when does the funding window close? Thanks so much. I'm definitely considering!","answer":"Matthew, Great questions! We have about 35 spots in the parking lot of our building 604 Gallatin ave and directly across the street from our building (across Eastland Ave) we have a parking garage with another roughly 85 parking spaces. There also is a bank which is closed during the evening hours when we are open located directly across Gallatin Ave that has another roughly 75 parking spaces. If I had to guess not including street parking in the area we should have about 200+ parking spaces ..."},{"question":"Looks beautiful. Have you set an opening date?","answer":"we are hoping to be able to announce this very very soon! we are less than 30 days away from opening that much we can say at this time!"},{"question":"Love the idea and interested in investing. Are you able to provide any details on the type of food that will be served at Coral Club?","answer":"Edwin, We will have an elevated snack menu. Not the kind of place you will come for a big dinner but just items that go great with drinking wine and cocktails. Think in the style of Spanish Pintxos. Here is what our opening food menu will look like (subject to some small changes) Black Truffle popcorn Olives and Marcona Almond mix Mediterranean Chips, Iberico Salchicha, Aioli Mortadella, Parmesan w/ Aged Balsamic, Breadsticks Tinned Fish, Spanish Peppers, Lavosh Cracker"},{"question":"Great concept. Considering an investment. Thanks!","answer":"Anand we would love to have you on board! Investors are going to be paid a return of 20% on their invested capital and then receive a portion profit in perpetuity in relation to the amount of the total portion they own of the investor shares. Investors are paid back 100% of profits first until they recoup their investment plus 20%"},{"question":"Hey guys, awesome job on the bar! My wife and I were really impressed! But can you guys comment about why you had to shut down early last night? Thanks","answer":"Hey Matthew! We finally got the stress test we were looking for last night and found that unfortunately our main lines pipe exiting the building had a blockage about 100 feet in that may have been exacerbated by the volume of people we experienced from the second we opened our doors. We stayed at the bar til 4am with two teams of plumbers to identify the issue and begin to remove it. Never was an issue prior to having the unbelievable turnout from last night! The blockage is getting fully rem..."}],"recent_posts":[],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-23T17:37:49Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-23T05:02:20Z","as_of":"2026-06-23T17:37:49Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-23T05:02:20Z","as_of":"2026-06-23T17:37:49Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-23T17:37:49Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-23T17:37:49Z","confidence":"medium"}}}}}}