LOsteria Token

LSV1

LOsteria logo

The Raise Total

$2,766,125

Price Per Token

$1.11

Raise Start

December 1, 2019

Minimum Investment

$111

https://www.kapilendo.de/projekte/b09f4821-4618-422b-b065-0d41d9452656

Founded in 1999, FR L'Osteria SE is a system gastronomy concept from Germany .

Fundraise Status

Number Investors 50
Raise Close Date January 03, 2020
Last Updated December 09, 2019

Raise Progress Closed

Soft Cap
56.69% Complete
Current Amount Raised $1,568,172USD

Terms

Fundraise Information

Total Raise $2,766,125 USD
Soft Cap $553,225 USD
Raise Status Open since Active
Minimum Investment $111 USD
Accepted Investors International Non Us
Us Accredited
Security Type Fixed Income
Exemptions TBA
Instrument Fixed Income

Token Information

Price Per (LSV1) $1.11
Token Issuance Platform Kapilendo
Token Protocol Stellar
Token Issuance Info Kapilendo
Payment Options
  • BTC
  • ETH
  • Other

Token Rights

Token holders receive 1.5625% of the invested about 4 times per year (6.25% p.a.). L'Osteria will proceed with the capital repayment at maturity. The interest payment and capital redemption occur in Euro using SEPA.

About

Overview

FR L'Osteria SE will use this crowdfinancing to open three new locations in Munich-Pasing, Chemnitz and Lörrach.



Highlights

Just under EUR 68 million in revenues and EBITDA of more than EUR 8 million in 2018, expected revenues of EUR 86 million and EBITDA of EUR 10 million in 2019


121 restaurants in Germany and seven other European countries by the end of 2019


Specialized management team with many years of experience in system catering