The 30 Best Places to Party During Spring Training
February 21, 2018
The ball game is over, the final out has been recorded, and the victorious team has finished dishing out high-fives and celebrating its big win.
That's Eatertainment
Virtual Shooting Lounge
Regulation Crowdfunding
Scottsdale, AZ
Hospitality
Accepting International Investment
Shoot, Eat, Sip
Invest in That’s Eatertainment
Modern Round, a wholly-owned subsidiary of THAT’S EATERTAINMENT CORP., is an exhilarating and empowering new entertainment concept for the adrenaline seeker in all of us. It’s part virtual shooting games part upscale lounge. You’ll experience state-of-the-art technology that feels as real as shooting a live gun. But instead of using live ammo, you’ll be at the center of a simulated world where you’re placed right into the action.
Gunslingers, zombie slayers, first-time shooters, and expert marksmen will all find opportunities to get together and build their shooting and social skills.
Modern Round is designed to be the perfect place that goes beyond the expected night out. It’s the modern way to come together and get out of the ordinary.
Modern Round uses a one-of-a-kind technology shared only with military and police departments. With tireless work and refinement, we have created a unique shooting range experience that is unrivaled. At the end of the day, entertainment is our focus. Excellent food, beverage, and atmosphere keeps customers coming back to Modern Round again and again.
We have had tremendous success so far with our six locations and now we are seeking your investment to continue our growth!
The Offering
$2.00/share of Common Stock│When you invest you are betting the company’s future value will exceed $20M
Perks* and Investment Bonuses
*Promo Cards: Provides for two (2) hours of shooting at any Modern Round shooting lounge across the country. They have no expiration.
*All perks occur after the offering is closed.
The Shooting Lounge and Games
Welcome to realistic shooting in a safe environment. Originally created for military and police training, Modern Round has made it available to all shooting enthusiasts and first time shooters alike. Modern Round has implemented a safe way to learn and have fun all at the same time. With over 250 games, skill drills, and live action scenarios, Modern Round has games in all of the most popular genres. These games are designed for all levels of shooters and entertainment seekers.
New Live Action scenarios and games are added on a regular basis. We work tirelessly to bring the newest, highest quality content to our patrons. Our replica firearms are realistic and accurate, but cannot be converted into live firearms.
Skill Building
Life-like and immersive scenarios using state-of-the-art laser technology. Incredible audio and visuals generate unparalleled realism. Replica firearms that have the same look, weight, and feel of real firearms. Fun for first-time shooters and expert marksmen alike. 60-70% of our guests have never used a firearm before. First-time guests are required to go through a 2-minute gun safety video.
Games For Everyone
From action, first-person shooters to old school favorites and puzzle games, Modern Round has it all! Take on insurgents and tanks in Modern Battlefield or save the doctor in the spy-themed Monte Carlo. Looking for something a little more casual? Find the hidden items in Hidden Object or match 3 pirate jellies in Captain Crush!
Fun Way to Learn
Develop essential shooting skills just like those in the armed forces and police force. We eliminate the danger and intimidation of real gun ranges. No live firearms are allowed at Modern Round.
Food and Drink
Delicious Delights
We spent a lot of time making sure the food we serve is a big draw for our customers. Modern Round offers an extensive combination of chef-inspired items as well as a new spin on some timeless classics. Our shooting lounges, bar, and restaurant areas offer a wide selection of shared appetizers and delectable cuisine. Try our Buffalo Chicken Spring Rolls with Blue Cheese Sauce or Big Shot Burger with Gouda Cheese and Applewood Smoked Bacon. Our dining room steps it up with Southern Fried Chicken and Waffles, Filet Mignon Sliders, and fresh seafood. Modern Round is sure to satisfy the casual diner and those looking for an exciting culinary experience.
Have a Round
From Mojitos to Manhattans, we offer a large selection of hand-crafted cocktails, fine wines, and the coldest draft beers in town. Try one of our own Modern Round Mixologist’s Specialty or Themed Cocktails including the Quick Draw or the Modern Margarita. Let us put the “Modern” in your next round.
Our Success
Modern Round is now offered in six locations, partnered with well known entertainment facilities such as Lucky Strike and Apex Entertainment. We have a membership base over 100,000 and increasing with a 25% return rate (2 or more visits).
It’s not just guys that come in to Modern Round to drink beers and shoot, however; over 50% of our customer base is female. We provide an upscale entertainment experience that is as perfect for bachelorette parties and a night out with the ladies as it is for gentlemen.
We take pride in the diversity of our team and the product that we have refined and perfected. We own the exclusive world-wide license for our live action scenarios and we rolled out our own cloud-first backend, which allows us to manage and report on all of our statistics and analytics data.
Giving back is an enormous part of our DNA as well. That is why Tuesdays are "Hero Tuesdays" in select locations, where current and former military and first responders receive 50% off their shooting lounge fees. Modern Round helps people understand what police and military go through to protect us.
Our Future
With your investment, you will help us continue to expand and open up new locations. We have leads in Dallas, Houston, and Phoenix to open new Modern Round locations. Money from this raise will allow us to continue building and expanding the Modern Round brand and to develop new concepts.
Modern Round is fortunate to have the best of the best on its team. Yielding such team members as: the idea person, the doer, the thinker, the detail oriented one, the high driver, the over-achiever and the one that won’t give up. This highly engaged team is fully committed and only accepts success! We have the restaurant management pedigree to keep operational costs down and give guests an unbeatable entertainment experience.
Our technology team has produced a scalable, remote-manageable infrastructure that already supports six locations and is ready to add more. With over 100 years of combined field experience in the entertainment and restaurant industry, you are placing trust in the right place with this team.
Invest in That’s Eatertainment
At Modern Round, our mission is to create our guest’s first choice in entertainment and fun. Modern Round provides the latest technology in a safe environment, appealing to a vast audience. Modern Round hosts over 250 games, skill drills, live action scenarios, along with amazing food and remarkable drinks. Modern Round ensures guests have a fantastic experience with impeccable hospitality driving frequent visits. Modern Round is the perfect place to Shoot, Eat, Sip.
We have a highly experienced executive and operating team that has built a solid infrastructure that is ready to scale nationwide. Our initial concept has produced over 100,000 unique visitors across one full location and five satellite/partner locations with a >25% return rate.
Invest in Modern Round today as we continue to grow!
In the Press
The 10 Best Game Bars in Phoenix
April 18, 2018
As many barflies would tell you, there’s more to do at local watering holes besides tying a few on. And we aren’t just talking about singing karaoke or watching the latest sports action, pal.
Eat, shoot and leave: Modern Round aims to take over the restaurant world
March 9, 2017
You always loved going to Chuck E. Cheese’s, but your cheese pizza and Whac-A-Mole days have come and gone.
Gourmet food and first-person shooters: Peoria restaurant features unlikely combo
September 12, 2018
Regardless of our unseasonably warm September temperatures, "Fall Arizona Restaurant” week is coming.
Want To Shoot Guns While You Eat And Drink? Here's The Restaurant For You
January 12, 2017
A former CEO of Smith & Wesson is hoping to attract investors to fund the expansion of his novel restaurant concept, combining alcohol, food and shooting guns for an evening of entertainment.
Offering Summary
Company | : | THAT'S EATERTAINMENT CORP. |
Corporate Address | : | 7377 E. Doubletree Ranch Rd., Suite 280, Scottsdale, AZ 85258 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,070,000.00 |
Minimum Investment Amount(per investor) | : | $250.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 5,000 |
Maximum Number of Shares Offered | : | 535,000 |
Price per Share | : | $2.00 |
Pre-Money Valuation | : | $19,080,222.00 |
*Maximum subject to adjustment for bonus shares. See Bonuses below
Perks*
$250 - One Modern Round Membership (Lifetime)
$500 - Two Promo Cards*, 10% Bonus Shares, and One Modern Round Membership (Lifetime)
$1,000 - Four Promo Cards*, 15% Bonus Shares, and One Modern Round Membership (Lifetime)
$2,500 - Ten Promo Cards*,20% Bonus Shares, and One Modern Round Membership (Lifetime)
$5,000 - Twenty Promo Cards*, 25% Bonus Shares, and One Modern Round Membership (Lifetime)
$10,000 - Fourty Promo Cards*, 30% Bonus Shares, and One Modern Round Membership (Lifetime)
*Promo Cards: Provides for two (2) hours of shooting at any Modern Round shooting lounge across the country. They have no expiration.
*All perks occur after the offering is closed.
The 10% Bonus for StartEngine Shareholders
THAT'S EATERTAINMENT CORP. will offer 10% additional bonus shares for all investments that are committed, within 24 hours of this offering going live, by StartEngine Crowdfunding Inc. shareholders who invested over $1,000 in the StartEngine Reg A offering which closed earlier this year.
StartEngine shareholders who invested $1,000 or more in that StartEngine Reg A offering will receive a 10% bonus on this offering within a 24-hour window of this offering’s launch date. This means you will receive a bonus for any shares you purchase. For example, if you buy 100 shares of Common Stock at $2.00 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $200. 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 for one year from the time StartEngine Crowdfunding Inc. investors received their countersigned StartEngine Crowdfunding Inc. subscription agreement.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments; Inter company debt or back payments; Salary payments made to one’s self, a friend or relative
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Risks
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Updates
Riverview Social Update
3 months agoWe have signed the lease for Riverview Social in Mesa, AZ! As mentioned previously, this is a significant step for THAT’S EATERTAINMENT as we will be presenting at Riverview Social our first version of The Revelry, our multiple concept configuration. We are targeting an opening for Phase I in the first quarter of 2020. The link to the 3-D rendering for this 61,000 sq. ft. development is below.
https://m.youtube.com/watch?v=80jQrH7GM0U&feature=youtu.be
Share this with your family and friends. If you haven’t already done so, please make the investment now! Our offering is only open for five (5) more days.
Thanks!
The Modern Round Team
Riverview Social Update
3 months agoWe have finalized the business points in the lease for Riverview Social in Mesa, AZ. After some cleanup by the attorneys, we should have a signed lease by the first of next week. This is a transformative step for THAT’S EATERTAINMENT as we are embarking on our first rendition of The Revelry, our multiple concept configuration. The link to the 3-D rendering for this 61,000 sq. ft. development is below.
https://m.youtube.com/watch?v=80jQrH7GM0U&feature=youtu.be
Share this with your family and friends. If you haven’t already done so, please make the investment now! Our offering is only open for another three (3) weeks.
Thanks!
The Modern Round Team
THANK YOU!
4 months agoWe want to thank our 100 new investors in THAT’S EATERTAINMENT CORP. Your support of our efforts is greatly appreciated and will help us to continue to grow nationwide.
We are negotiating the final points of the lease for Riverview Social in Mesa, AZ which will debut The Revelry, our multi-concept platform that includes Modern Round, Morning Ritual and Pop Culture. Pop Culture is our entrée into the Barcade space where we bring back the arcade games of old like Asteroids, Donkey Kong and Centipede in our own unique way. We will provide further updates over the next week.
Share this with your family and friends. If you haven’t already done so, please make the investment now! Our offering is only open for another thirty (30) days.
Thanks!
The Modern Round Team
Morning Ritual Update
4 months agoThe lease is signed for the Morning Ritual location in The Shops at Norterra in Phoenix, AZ! We are targeting an opening date in early November. Morning Ritual is our lifestyle driven breakfast/brunch concept that features a Mimosa Bar. Take a peek below at the menu our Executive Chef is creating!
Share this with your friends. If you have not yet finished your investment, make sure to do so!
Thanks!
The Modern Round Team
Notice of Funds Disbursement
4 months ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, That's Eatertainment has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in That's Eatertainment be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Morning Ritual Update
4 months agoWe have finalized negotiations for our Morning Ritual location in The Shops at Norterra in Phoenix, AZ and will be signing the lease next week. Morning Ritual is our lifestyle driven breakfast/brunch concept that features a Mimosa Bar. The link below captures the design and layout for the new location that our operations team is pushing to open in 2019!
Share this with your friends. If you have not yet finished your investment, make sure to do so!
Thanks!
The Modern Round Team
Offering Extension
5 months agoWe extended our offering yesterday to give potential investors an opportunity to participate at the $2.00 per share price. Our 2018 audited financial statements were included in the amendment that was filed with the SEC. Please review them by going to the Form C Filings section of the investment page.
We are pleased to report that we improved our balance sheet last month with the conversion to equity of over $2 million of the amount outstanding on our line of credit. The conversion increased our availability under the line of credit to over $2.5 million. Our lender agreed as well to extend the maturity date of the line of credit to June 2021.
We will have a lot to report with regard to lease negotiations and potential new locations over the next several weeks. Please stay tuned!
Share this with your family and friends. If you haven’t already done so, please make the investment now!
Thanks!
The Modern Round Team
Notice of Material Change in Offering
5 months ago[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the That's Eatertainment offering. Here's an excerpt describing the specifics of the change:
THAT'S EATERTAINMENT, CORP. has extended its campaign and updated its financials.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
Modern Round Arcade
5 months agoOur design team gives you a peek in the pictures below of an early prototype of our Modern Round Arcade gaming system. We designed our library of games to be robust enough to go onto multiple platforms including a traditional arcade style system. While we have not decided on the revenue model, we could either sell the complete system or enter into a licensing arrangement with end users. We might decide to offer both options.
Share this with your family and friends. If you haven’t already done so, please make the investment now!
Thanks!
The Modern Round Team
Notice of Funds Disbursement
6 months ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, That's Eatertainment has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in That's Eatertainment be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
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