What is Precinct 10?
Precinct 10 operates as a contemporary American restaurant and bar situated in Weymouth, MA. Drawing inspiration from the clandestine atmosphere of Prohibition-era speakeasies, the establishment features distinctive vintage decor and a welcoming cocktail lounge. Its culinary offerings cater to both lunch and dinner patrons, providing a diverse menu. The venue is designed to accommodate a broad spectrum of clientele, from those seeking a unique dining experience to individuals organizing private events. Furthermore, Precinct 10 enhances its nightlife appeal with weekend DJ entertainment and extends its reach through takeout and delivery services facilitated by Door Dash.
How much funding has Precinct 10 raised?
Precinct 10 has raised a total of $567K across 2 funding rounds:
Debt
$150K
Debt
$417K
Debt (2020): $150K with participation from PPP
Debt (2021): $417K led by PPP
What's next for Precinct 10?
The recent major strategic investment into Precinct 10 signals a pivotal moment for the restaurant and bar. This capital infusion is likely to fuel expansion initiatives, potentially including enhancements to the venue's ambiance, menu diversification, or increased marketing efforts to attract a wider customer base. Given the enterprise-level context of its total funding, Precinct 10 appears poised for significant scaling, possibly exploring new locations or refining its operational efficiencies to solidify its market position. The strategic nature of the latest financing suggests a focus on long-term growth and market penetration within the hospitality industry.
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