loka snacks

Toronto chef turns to crowdfunding for new restaurant

Loka Snacks wants to open a brick and mortar restaurant. Since launching almost a year ago, the pop-up snack bar, conceived by Chef Dave Mottershall, has operated select nights only out of the kitchen at Hi-Lo Bar turning out plates of house-made salumi, pigs head croquette, and crispy fried smelts - always driven by Canadian ingredients.

Now Mottershall (a.k.a @Chef_Rouge) is turning to Kickstarter to raise $25,000 capital to fund his next move, and it's all or nothing. If he doesn't make his goal he won't get a cent.

The ambition is to crowdfund enough to match his own investment, which will be joined by another $40K from a private investor. This plan ensures Mottershall will maintain a controlling interest in his company and the ability to implement his own vision rather than opening a restaurant for someone else.

The new restaurant will move away from being a snack bar, but still intends to serve small plates. There's no address attached to the project yet, but Mottershall is looking in the west end for a property.

Pledges of $100+ will buy a 5-course tasting menu in advance of the opening, while lesser contributions will be rewarded with things like T-shirts and the inclusion of donor names in a custom-made artwork.

Is crowdfunding a viable solution to starting a restaurant? Add your opinion to the comments.


Join the conversation Load comments

Latest in Eat & Drink

New grocery delivery service in Toronto overwhelmed by demand

15 Passover catering and delivery options in Toronto

Pizza Nova is being sued for $150 million by its delivery drivers

Toronto restaurant owners are delivering their own food to save on hefty app delivery fees

Toronto takeout restaurants are starting to protect their staff with plexiglass

Toronto restaurant is feeding frontline healthcare workers thanks to its customers

Fruit and vegetable supplier to Toronto restaurants is now doing home delivery

More than 300,000 people lost jobs in Ontario's food and beverage sector last month