What is Local Three?
Local Three is a contemporary American restaurant founded by three individuals who emphasize community and people. The establishment offers a dining experience that balances sophistication with comfort, drawing inspiration from local and seasonal ingredients. It is distinguished by one of the nation's premier bourbon bars, featuring over 1,000 whiskies, and is also recognized for its unique brunch offerings. Local Three caters to a broad spectrum of patrons seeking exceptional hospitality and innovative culinary adventures.
How much funding has Local Three raised?
Local Three has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$856K
Debt (2020): $350K with participation from PPP
Debt (2021): $856K led by PPP
What's next for Local Three?
The recent major strategic investment signifies a pivotal moment for Local Three, positioning it for accelerated expansion and enhanced operational capabilities. This capital infusion is expected to fuel further development of its unique dining concept, potentially including the expansion of its acclaimed bourbon bar and brunch services. The company's focus on local sourcing and community engagement, combined with its adventurous culinary approach, provides a strong foundation for sustained growth and market leadership in the competitive hospitality sector.
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