High Cotton Kitchen is just a few months away from opening, and as they count down the days they are in need of new investors to help them open by the end of July.
Located on Clarksville St., next to Kroger, owner Richard Lee is now taking a new approach to attract investors for his restaurant. A restaurant that he says will be an all-inclusive dining experience.
“We need a minimum of $200,000 to open. Approximately $70,000 to finish the building and a minimum of $130,000 for initial operating expenses,” said Lee. “300k is our goal.”
What makes this new restaurant both appealing to investors and customers alike is the combination of the menu and the outlay for guests to enjoy.
The outlay of High Cotton Kitchen allows diners to have a nostalgic experience with friends and family without the rush to eat and leave. With inviting casual dining areas inside and multiple decks outside, the restaurant will allow for an alfresco experience where you can enjoy the beautiful weather that Paris has to offer.
“We want to offer something different for the area, that wasn’t what people are used to as far as a dining experience. We wanted a place where everyone feels comfortable that’s not too upscale but offers excellent food and a place where you can bring the family or have a date and not be rushed to leave.”
Lee has also taken the initiative to produce virtual tours for potential investors to look at. This came about from the COVID-19 pandemic.
“We had to shut down work on the restaurant when all the COVID shutdowns came. We were scheduling a series of potential investor luncheons the week of the shutdown. No more gatherings, luncheons, and No Investors,” explained Lee.
Lee and his family understand the seriousness of the current economic situation, but that isn’t stopping them from being proactive in wanting to get High Cotton Kitchen open within the next 90-days.
“I am planning on being open by then too. Just one problem: we are out of money. Optimally I would’ve liked to be in a better position, but because we are now on the tail end of the reconstruction I am needing the help of investors to help push us to the finish line. Everything we have is invested in that building,” he explained.
Knowing that his vision is a unique one for the area, Lee is confident that anyone willing to join him in an investor role will see high return once the doors swing open.
“We could have (30) $10,000 investors or (20) $5,000 and (10) $20,000 investors or any combination of the above to hit our goal or get close to securing the funds needed,” he said. “Investors putting in $75,000 or more get a 16 percent return in one year. Smaller investors start at 9 percent return and go up from there during the first year.”
High Cotton Kitchen, a new cozy nook ready to help locals and visitors create everlasting memories through a never seen dining experience here in Lamar County paired with their made from scratch southern style healthy menu options, is sure to make its mark in the community for years to come.
Any potential investors are encouraged to check out Lee’s virtual tours on the High Cotton Kitchen YouTube page and contact him for further information.
CLICK HERE to view the virtual tours.