How Much Did Wayside Restaurant Raise?
Funding & Key Investors

Wayside Restaurant has secured $620K in total capital, with a recent strategic investment of $470K. This significant financing round underscores the company's established presence and potential for continued growth in the competitive restaurant sector.

The company's funding history, including two notable debt financings from PPP totaling $620,000, indicates a pattern of leveraging financial instruments to support operations and expansion. The most recent capital infusion on January 20, 2021, marks a pivotal moment for the home-style eatery.

What is Wayside Restaurant?

Wayside Restaurant
HospitalityRestaurant Reservations

Wayside Restaurant, based in Warren, OH, has been a local fixture since 1969, specializing in home-style American and Italian cuisine. With a legacy spanning over four decades, the restaurant prides itself on offering a diverse menu that includes burgers, steaks, and pasta dishes, available for both dine-in and carry-out. The company's longevity is a testament to its consistent service and appeal to the local community, positioning it as a reliable and cherished dining destination.

How much funding has Wayside Restaurant raised?

Wayside Restaurant has raised a total of $620K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$470K

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

Debt (2021): $470K led by PPP

Key Investors in Wayside Restaurant

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Wayside Restaurant?

The recent major strategic investment suggests Wayside Restaurant is poised for a new phase of development. This capital infusion is likely to be directed towards enhancing operational efficiencies, expanding service offerings, or potentially exploring new market opportunities. Given its long-standing history and established customer base, the company is well-positioned to leverage this backing for sustained growth and to further solidify its standing as a premier local dining establishment.

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Frequently Asked Questions Regarding Wayside Restaurant Financial Insights

What are the most recent funding rounds that Wayside Restaurant has completed, and what were the funding rounds?
Wayside Restaurant has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Wayside Restaurant has raised to date?
Wayside Restaurant has raised a total of $620K in funding to date.
How many funding rounds has Wayside Restaurant completed?
Wayside Restaurant has completed 2 funding rounds.
How much funding did Wayside Restaurant raise in its most recent funding round?
Wayside Restaurant raised $470K in its most recent funding round.
Who are the lead investors in Wayside Restaurant's latest funding round?
The lead investor in Wayside Restaurant'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 Wayside Restaurant's history?
The largest funding round in Wayside Restaurant's history was $470K.
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