What is Local Three?
Local Three operates as a premier destination for contemporary American cuisine, distinguished by its deep-rooted commitment to local sourcing and seasonal ingredients. The establishment has carved out a unique market position by blending sophisticated dining with a comfortable, community-oriented atmosphere. Beyond its culinary reputation, the company is widely recognized for hosting one of the nation's most extensive bourbon collections, featuring over 1,000 distinct whiskies. This combination of high-end beverage curation and a celebrated brunch experience has solidified its status as a cornerstone of the local hospitality landscape, catering to a diverse clientele that values both adventurous dining and exceptional service standards.
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
Key Investors in Local Three
PPP
Public-Private Partnership
What's next for Local Three?
With this recent strategic investment, Local Three is well-positioned to optimize its enterprise-level operations and further refine its guest experience. The capital will likely be deployed to enhance supply chain resilience, potentially expanding the reach of its signature hospitality brand. As the company navigates the complexities of the modern restaurant industry, the focus remains on balancing its rapid growth trajectory with the authentic, community-centric values that define its brand identity. Future initiatives may include further diversification of its beverage program and operational efficiencies that support long-term sustainability in a volatile market.
See full Local Three company page
