Question 1

How long do you expect the payback period to be? Also, do you believe that 1.25X payback multiple is worth it for investors if this could potentially take multiple years?

Accepted Answer

Hi Gaige - Sorry for the delayed reply. Thanks for your question. We're anticipating the payback to take 3-4 years. As for the 1.25x being worth it - it may not be for some investors. We are a small family business, thus conservative with our projections because we don't want to over commit. We are deeply rooted in our community, so our best investors are excited about that mission. We understand the mission can't be achieved without profit but the mission is still the driver.

Question 2

In the revenue section it says $0. Is that accurate? If so, I thought this was an established pub. What business are we investing in? As $120k paid back over 4 years using 1.5% of revenue would imply a $2M/year business. I agree with Gaige, this is a good way for family, frien...

Accepted Answer

Hi LD - Thanks for your questions. This is a new entity and new location for a business that has two other currently operating locations. Fair point about the yield. We were conservative with our projections, and it's possible we'll be able to pay back sooner. We also didn't project weekday lunch sales, and now think weekday lunch may be viable, so that should help for a quicker payback as well. Also, Wefunder VIP members receive a 1.38x payback. Thanks!

Question 3

Hello. It appears the fundraiser is still open, yet the funds raised have exceeded the goal. Is there a ETA as to when the fund raise will close and investors may start to see a ROI?

Accepted Answer

Hi Karl - We had to submit a CPA financial review in order to increase our goal. We have done that now so we can do one final push before we close on April 30. Thank you!

Question 4

The signage has been up for a long time, but I have seen limited construction work. What construction has been done so far, and what are the major steps necessary for a 2026 opening?

Accepted Answer

Hi Taylor - Demo and core drilling scans have been done. Roughly about 2 weeks of a 20 week build-out. Long equipment lead times and needing to shift some of the core drilling after the scans has led to some of those delays. But the major delay has been due to securing the full construction loan (a SBA 7(a)). It was going to close just before the government shutdown, and because the government shutdown lasted so long, the process had to be restarted. The pace of these things have been painful...

Right Proper Brewing - Eckington

A neighborhood brewpub and gathering place coming to Quincy Lane, in Eckington, NE DC

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Right Proper Brewing - Eckington

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