How Much Did Local Restaurant & Bar Raise?
Funding & Key Investors

Local Restaurant & Bar has successfully secured a significant capital injection, bringing its total funding to $1.2M. This latest infusion of $800K represents a major strategic investment aimed at bolstering the establishment's operational capacity and market presence within the competitive Jackson Hole hospitality sector. By leveraging these financial resources, the company is positioned to refine its supply chain and enhance its unique culinary offerings, which have become a staple for both local residents and regional visitors.

What is Local Restaurant & Bar?

Local Restaurant & Bar
HospitalityRestaurant Reservations

Operating as a modern American steakhouse and bar, Local Restaurant & Bar distinguishes itself through a commitment to high-quality, locally sourced ingredients and artisanal preparation methods. Under the leadership of chef Will Bradof and Jennifer Bradof, the firm has cultivated a reputation for excellence in in-house butchery, dry-aged steaks, and house-made sausages. The business model effectively bridges the gap between a casual bar atmosphere and a premium dining experience, catering to diverse consumer segments ranging from daily lunch patrons to large-scale private event organizers. This dual-purpose operational strategy ensures consistent revenue streams while maintaining a strong brand identity in the Wyoming culinary landscape.

How much funding has Local Restaurant & Bar raised?

Local Restaurant & Bar has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$800K

Debt (2020): $350K with participation from PPP

Debt (2021): $800K led by PPP

Key Investors in Local Restaurant & Bar

PPP

Public-Private Partnership

What's next for Local Restaurant & Bar?

With the recent capital deployment, the company is expected to focus on scaling its operational infrastructure to meet increasing demand. The strategic roadmap likely involves optimizing the supply chain for locally sourced meats and expanding the capacity for private event hosting, which serves as a high-margin revenue driver. As the firm transitions into this next phase of growth, the focus will remain on maintaining the artisanal quality of its menu while scaling its service capabilities. Future initiatives may include further diversification of the wine program and potential enhancements to the physical dining space to accommodate larger party reservations, thereby solidifying its market position as a premier destination in Jackson Hole.

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Frequently Asked Questions Regarding Local Restaurant & Bar Financial Insights

What are the most recent funding rounds that Local Restaurant & Bar has completed, and what were the funding rounds?
Local Restaurant & Bar has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Local Restaurant & Bar has raised to date?
Local Restaurant & Bar has raised a total of $1.1M in funding to date.
How many funding rounds has Local Restaurant & Bar completed?
Local Restaurant & Bar has completed 2 funding rounds.
How much funding did Local Restaurant & Bar raise in its most recent funding round?
Local Restaurant & Bar raised $800K in its most recent funding round.
Who are the lead investors in Local Restaurant & Bar's latest funding round?
The lead investor in Local Restaurant & Bar's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Local Restaurant & Bar's history?
The largest funding round in Local Restaurant & Bar's history was $800K.
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