What is Max's on Broad?
Situated in the vibrant Art's District of Richmond, Virginia, Max's on Broad operates as a premier destination for authentic Belgian and French cuisine. Under the culinary leadership of Chef Alex Enggist, the restaurant emphasizes a commitment to sustainable, locally sourced ingredients, blending classical Swiss-trained techniques with modern gastronomic trends. The venue serves as a multifaceted hospitality hub, offering everything from private dining and business lunches to an extensive curated wine list and artisanal cocktails. Its strategic location near major cultural landmarks, including the VCU campus and the historic Hippodrome, positions the restaurant as a vital anchor for both local patrons and visitors, maintaining a high-traffic profile in one of the city's most dynamic neighborhoods.
How much funding has Max's on Broad raised?
Max's on Broad has raised a total of $383K across 2 funding rounds:
Debt
$150K
Debt
$233K
Debt (2020): $150K with participation from PPP
Debt (2021): $233K led by PPP
Key Investors in Max's on Broad
PPP
Public-Private Partnership
What's next for Max's on Broad?
With the recent influx of capital, Max's on Broad is well-positioned to optimize its operational efficiencies and enhance its service infrastructure. The management team is expected to focus on scaling its sustainable supply chain partnerships and potentially expanding its private event capabilities to meet the growing demand for high-end dining experiences in the Richmond area. As the company navigates this late-stage growth phase, the focus will likely remain on maintaining the high standards of its signature dishes—such as its renowned Cassoulet and Waterzooi—while exploring new avenues for revenue diversification. By reinvesting in its physical space and culinary talent, the establishment aims to fortify its competitive advantage and sustain its reputation as a premier culinary institution in the Virginia market.
See full Max's on Broad company page
