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.