Starting at a minimum investment level of $2,000, investors can participate in the success of all Fogo de Chāo restaurants in Canada. Investors receive valuable perks, such as food and drink discounts, as well as bonus shares at no cost (depending on the amount invested).  Investors will receive 12.5% p.a. interest on their investment for the first two years. Thereafter, dividends will be paid in proportion to the amount of the investment.  Investors will receive proportional distribution at the time of a future liquidity event.  

Fogo US has recently announced its sale to Bain Capital at a valuation of US$1.1 billion (Reuters), which equates to CDN $19.6 million per restaurant over 70 international locations.

The first two openings are expected in early 2024 in Toronto and Vancouver, both of which are ideal locations with thriving economies and vibrant restaurant scenes. 

• The annual customer count per location in Canada is expected to range between 125,000 to 150,000 guests. 
• The Gross Revenue per Canadian location is expected to range between $8M to $12M.  
• Target cash-on-cash returns are expected to exceed 30%. 
• The Target Investor IRR (Internal Rate of Return) is projected to exceed 25%.

​Note:  All forecasts prepared by Debut FDC Inc.

Interior View of Toronto Location

Interior View of Vancouver Location

Fogo de Chão is one of the most profitable restaurants in the United States. Fogo’s unique business model, known as “experiential dining”, combines the best attributes of the labour-efficient and high traffic casual segment of the restaurant industry with the high revenues associated with the full-service restaurant sector.

Fogo de Chão has over 70 operating restaurants worldwide including in Brazil, the U.S.A, Mexico, and Dubai, with a consistent 44-year track record of success.  Fogo de Chão's U.S. success in long-term profitability presents a promising market opportunity in neighboring Canada. The brand has a track record of consistently high revenues and margin performance due to multiple operational efficiencies and a unique operating format.

Dining vouchers redeemable at any Fogo de Chao restaurant in Canada will be awarded at 2.5% of the amount invested, beginning at $10,000.

NOTE: You will need your Bank Account Number, Transit Number, and Institution Number to Invest.

Please see above, the Offering Document, or the Term Sheet for a breakdown of the investment perks.  

Post-money valuation (After investment received): CAD $49,400,000

Minimum Raise: $100,000

Max Raise: $10,000,000 for 10,000,000 Convertible Note Units (that convert into Preferred Shares (non-voting) at Maturity.

Multiple Closings: This offering will have multiple closings, with each closing being at the end of the month, or at a date decided by the Issuer.

Interest Rate: 12.5% per annum (paid in either cash or preferred shares at a value of $4.00 per share)

Maturity: 2 Years

Conversion: Convertible Note Units automatically convert at Maturity to Preferred Shares (non-voting)

Minimum investment amount: $25,000.00

Securities offered: Convertible Note Units at $1.00 per Convertible Note Unit (Converting into Preferred Shares, Non-Voting)

Please see Offering Document, Convertible Note, Shareholder's Agreement, Term Sheet, and Articles of Incorporation for full details of rights associated with the Convertible Note.  You must create an account on Equivesto to view attached documents.