Company	:	Local Eateries, Inc.
Corporate Address	:	501 Gallatin Ave , Nashville, TN 37206
Offering Minimum	:	$15,000.00
Offering Maximum	:	$1,235,000.00
Minimum Investment Amount (per investor)	:	$250.00

Terms

Offering Type	:	Equity
Security Name	:	Common Stock
Minimum Number of Shares Offered	:	6,000
Maximum Number of Shares Offered	:	494,000
Price per Share	:	$2.50
Pre-Money Valuation	:	$40,315,497.50

*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.

Voting Rights of Securities Sold in this Offering

Voting Proxy and Agreement. By investing in this offering. and subscribing to the Subscription and Joinder Agreement. you are agreeing to the terms of the Irrevocable Investor Proxy Voting Agreement attached as Exhibit A to the Subscription and Joinder Agreement (the “Irrevocable Proxy Agreement”), which provides that, with respect to all of the shares of Common Stock issued to the Subscriber in connection with the Subscription Agreement (the "Shares"), the Subscriber will grant to the CEO an irrevocable proxy (the "Irrevocable Proxy") as permitted pursuant to Section 212 of the Delaware General Corporation Law to vote the Shares in any manner that the CEO may determine in its sole and absolute discretion, subject to the requirements set forth in the Company’s bylaws as may be in effect from time to time (the “Bylaws”). Please see the Irrevocable Proxy Agreement for the complete details of the Irrevocable Proxy.

Investment Incentives & Bonuses*

Time-Based Perk

Early Bird: Invest within first 2 weeks

Tier 1- Perk - $250+ | 10% off all orders for 3 months

Tier 2- Perk - $500+ | 10% off all orders for 6 months +30% of First Subscription Box order + Access to Live Webinar

Tier 3- Perk - $1,000+ | 5% bonus shares +15% of all orders for 6 months +First subscription box Free (investor pays any applicable shipping fees) +Live Webinar + Gift (20ct Porter Road Butcher's Original Beef Sticks and Porter Road Stickers)

Tier 4- Perk - $5,000+ | 10% bonus shares +20% off all orders for 6months +First subscription box free (investor pays any applicable shipping fees) + Live Webinar +Gift (20ct Porter Road Butcher's Original Beef Sticks and Porter Road Stickers) +Invite to investor-only virtual video cooking class

Tier 5- Perk - $10,000+ | 15% bonus shares +25% of all orders for 6 months +First 3 subscription boxes free (investor pays any applicable shipping fees) +Live Webinar +Gift (20ct Porter Road Butcher's Original Beef Sticks and Porter Road Stickers)+Investor-only virtual video cooking class +30-min phone call with Chris

Tier 6 - Perk - $20,000+ | 20% bonus shares + 25% off off all orders for 9 months first 3 subscription box free (investor pays any applicable shipping fees) +Live Webinar +Gift (20ct Porter Road Butcher's Original Beef Sticks and Porter Road Stickers) + Investor-only virtual video cooking class + 30-min phone call with Chris

Tier 7 - Perk - $50,000+ | 25% bonus shares + 25% off all orders for 1 year + First 6 subscription boxes free (investor pays any applicable shipping fees) + Live Webinar +Gift (20ct Porter Road Butcher's Original Beef Sticks and Porter Road Stickers) + Investor-only virtual video cooking class + 30-min phone call with Chris +Co-founder dinner in Nashville (investor responsible for travel and lodging) +Live Q+A with Chris (in-person or by phone)

Amount-Based Perks

Tier 1 - Perk - $250+ | 10% off off all orders for 1 month

Tier 2- Perk — 500+ | 10% off off all orders for 3 months

Tier 3 Perk - $1,000+ | 15% off all orders for 6 months + 30% off first subscription box + Live Webinar + Gift (20ct Porter Road Butcher's Original Beef Sticks and Porter Road Stickers)

Tier 4 Perk - $5,000+ | 5% bonus shares + 20% off all orders for 3 months + First subscription box free (investor pays any applicable shipping fees) +Live Webinar +Gift (20ct Porter Road Butcher's Original Beef Sticks and Porter Road Stickers)+ Invite to investor-only virtual video cooking class

Tier 5 Perk - $10,000+ | 10% bonus shares + 20% off all orders for 6 months + First 3subscription boxes free (investor pays any applicable shipping fees) +Live Webinar +Gift (20ct Porter Road Butcher's Original Beef Sticks and Porter Road Stickers) + Investor-only virtual video cooking class + 30-min phone call with Chris

Tier 6 Perk - $20,000+ | 15% bonus shares +20% off all orders for 9 months + First 3 subscription boxes free (investor pays any applicable shipping fees) + Live Webinar + Gift (20ct Porter Road Butcher's Original Beef Sticks and Porter Road Stickers) + Investor-only virtual video cooking class + 30-min phone call with Chris

Tier 7 Perk - $50,000+ | 20% bonus shares + 25% off all orders for 1 year + First 6 subscription boxes free (investor pays any applicable shipping fees) +Live Webinar +20ct Porter Road Butcher's Original Beef Sticks and Porter Road Stickers) + Investor-only virtual video cooking class +30-min phone call with Chris +Co-founder dinner in Nashville (investor responsible for travel and lodging) + Live Q+A with Chris (in-person or by phone)

Loyalty Bonus

As you are a Meat Nerds as of 4/30/2024 + Friends & Family in Porter Road, you are eligible for additional bonus shares + enhanced Perks.

Reservations Perk

As a reservation holder you are elgible for 5% bonus shares.

*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.

Crowdfunding investments made through a self-directed IRA cannot receive non-bonus share perks due to tax laws. The Internal Revenue Service (IRS) prohibits self-dealing transactions in which the investor receives an immediate, personal financial gain on investments owned by their retirement account. As a result, an investor must refuse those non-bonus share perks because they would be receiving a benefit from their IRA account.

The 10% Venture Club Bonus

"Porter Road" by Local Eateries, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Venture Club Bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $2.50/ share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $250. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Venture Club Bonus, Reservations Bonus, and Loyalty Bonus in addition to the aforementioned bonus.

Delivering Life-Changing Meat