Neutral Ground

Relaunching a Favorite Chattanooga Restaurant

https://wefunder.com/neutral.ground

Total raised on Wefunder: 124000

Total investors: 109

Quick facts

• Opening our first location, bringing award-winning Afro-Creole cuisine back to Chattanooga.
• Offering investors a 1.5x return with an projected payback in 9 years (6% IRR).
• Launched in June 2020 at Proof Bar & Incubator with $200k+ in sales in first full year 2021.
• Successful expansion into catering and private events, generating $200k in sales in 2022.
• Raising capital to open our first restaurant launching June 2024.
• Targeting $900k in projected revenue in Year One.
• Neutral Ground will help shape the culinary scene of Chattanooga and be a community hub.
• Beyond the food, our vision is to inspire the youth in our community through food.

Team profiles

• Kenyatta Ashford