How Much Did Surfside Bar & Grill Raise?
Funding & Key Investors

Surfside Bar & Grill has successfully secured a significant capital injection, bringing its cumulative financial backing to $395K. This latest round, characterized by a $245K strategic investment, underscores the company's resilience and operational stability within the competitive hospitality sector. By leveraging debt financing, the establishment continues to solidify its market position, ensuring that its Mound, Minnesota operations remain well-capitalized for long-term sustainability and service excellence.

What is Surfside Bar & Grill?

Surfside Bar & Grill
HospitalityRestaurant Reservations

Established in 2016, Surfside Bar & Grill operates as a cornerstone of the Mound, Minnesota community, functioning as a family-operated venue that blends casual dining with comprehensive entertainment facilities. The company distinguishes itself through a multifaceted service model that includes a full-service menu, a dedicated sports and entertainment room for large-scale events, and a dog-friendly patio environment. By catering to diverse demographics—from local families to sports enthusiasts—the firm has cultivated a robust brand identity that prioritizes community engagement and high-volume hospitality service.

How much funding has Surfside Bar & Grill raised?

Surfside Bar & Grill has raised a total of $395K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$245K

Debt (2020): $150K with participation from PPP

Debt (2021): $245K led by PPP

Key Investors in Surfside Bar & Grill

PPP

Public-Private Partnership

What's next for Surfside Bar & Grill?

With the recent infusion of capital, Surfside Bar & Grill is positioned to optimize its operational infrastructure and potentially scale its event-hosting capabilities. The strategic deployment of these funds will likely focus on enhancing the venue's entertainment technology and refining its service delivery to maintain its competitive edge in the local market. As the company navigates its late-stage growth phase, the focus remains on maximizing throughput in its sports and entertainment division while maintaining the high-touch, family-oriented service that defines its core value proposition. Future initiatives will likely prioritize operational efficiency and the expansion of its event-based revenue streams to ensure continued fiscal health.

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Frequently Asked Questions Regarding Surfside Bar & Grill Financial Insights

What are the most recent funding rounds that Surfside Bar & Grill has completed, and what were the funding rounds?
Surfside Bar & Grill has recently completed 2 funding rounds: Debt on Feb 3, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Surfside Bar & Grill has raised to date?
Surfside Bar & Grill has raised a total of $395K in funding to date.
How many funding rounds has Surfside Bar & Grill completed?
Surfside Bar & Grill has completed 2 funding rounds.
How much funding did Surfside Bar & Grill raise in its most recent funding round?
Surfside Bar & Grill raised $245K in its most recent funding round.
Who are the lead investors in Surfside Bar & Grill's latest funding round?
The lead investor in Surfside Bar & Grill'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 Surfside Bar & Grill's history?
The largest funding round in Surfside Bar & Grill's history was $245K.
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