The Grand Cathedral Square Limited

By The Grand Cathedral Square Limited

PledgeMe.Investment

Community,



NZ $422,889 pledged


105 people pledged


20 days left


NZ $800,000 minimum target


Min

NZ$800,000

Max

NZ$2,000,000

52 52% Complete

Pledges will only be confirmed if the target is reached by: 12/11/2021 at 12:00 PM (NZDT)

Make a Pledge

About

The Grand Cathedral Square Limited

The Grand Cathedral Square

Your Place, Your Space


Housed in the 140-year-old former Chief Post Office in Cathedral Square, The Grand has been part of the very fabric of this city for generations. The building has stood the tests of time, city developments, and earthquakes, and is as impressive today as the day it was built. A Grand old Lady, a part of our fabric and as it has always been Your Place, Your Space.

The Grand will be a leased venue inside the prime location of the old Chief Post Office building, with access to Cathedral Square. We plan to turn The Grand into a world-class destination for our world-class city, complete with an artisan French bakery, people-focused food court experience, visitor information centre, iconic restaurants, and bars and one of New Zealand’s largest outdoor plaza's.

Chief Post Office, Christchurch. 1920s. Sydney Charles Smith

Our Vision


Our vision is for The Grand to be a place that Canterbury locals are proud of, and a must-see destination for out-of-town visitors – a place where people can meet, greet, socialise and play. But it will also be capable of adapting to change quickly and easily. That might be offering the latest craze to hit Christchurch – think the Bruffin – or introducing an up and- coming food experience.

Our vision is when our customers are dining with us for breakfast and lunch, our evening entertainment and events will be advertised and communicated to our customers by means of table talkers and our friendly wait staff. The Council event space is located right next door which we believe may present opportunities to collaborate and further promote The Grand’s dynamic event and entertainment offerings.

Here is your opportunity to be a part of this amazing redevelopment and take ownership of your city’s revitalisation with an investment in The Grand and secure your piece of Christchurch.


Caption: Images are renderings of the proposed 1879 Bar and Artisan Bakery

Home to some of Canterbury's best producers and hospitality: The Grand will aim to become the ultimate destination for locals and visitors.


Our Team


Darin Rainbird. Director

Darin has spent the last 25 years building and developing his own businesses in the Hospitality, Tourism, Marketing and Property Development sectors. He took ownership and managed the successful transition of The Akaroa i-SITE from a substantial (six figure) loss making enterprise into a stand-alone, privately owned, profit making (six figure) enterprise. He demonstrates on a continuing basis the ability to see opportunity and capitalise on it. His unorthodox marketing acumen has seen his businesses flourish and cope with the challenges the world has currently presented. We welcome his insight and involvement in the development of The Grand.

Stephanie Rainbird. Director

Stephanie brings a lifetime of hospitality experience to the business and has been involved in the Hospitality industry most of her adult life, owning and managing several highly successful hospitality and tourism businesses. Stephanie has developed and overseen the implementation of strategic business plans for her own companies and consulted on several other large projects, both from a start-up position through to a strategic business pivot. Stephanie’s experience in management and operational processes as well as her ability to analyse at arm’s length is a great addition to our business skill set.

Joanne Rainbird. Director

Joanne brings nearly 20 years of experience in the financial advisory and services sector. A Chartered Accountant for 13 years with a current number of high-profile hospitality clients. Joanne has also worked extensively with start-up companies and has effectively managed the processes required for structure, accountability, and success. A no nonsense result based approach has been reflected throughout her career, which has led to her being highly respected in her field. An analytical processes expert she brings a wealth of knowledge to the business.

Bianca Baillie. Business Development Manager.

Bianca brings more than 10 years of international experience in the financial advisory and services sector. Her project management skills and ‘let’s get it done’ attitude is exactly what The Grand requires to ensure we move along swiftly, build momentum, achieve the goals we set out, and succeed. Bianca enjoys building relationships and finding the best people to partner with in business, to create long term ventures with.

Hien Bushell. Customer Service Manager.

Hien has built her own phenomenally successful customer services companies over the last 11 years and understands very clearly the connection in the customer experience. This has resulted in her businesses achieving a repeat customer ratio of 85%, an industry lead. Hien’s knowledge on what makes the customer experience rewarding, memorable and repeat worthy will stand The Grand in exceptionally good stead. Her ability to implement diverse strategies and measurable applications will ensure The Grand customers are very well served.

Above are just a few of our team at a onsite meeting on 16 September, from left to right: Bianca Baillie (Business Development Manager), Hien Bushell (Customer Service Manager), Darin Rainbird (CEO & Founder) and Tony Nguyen (Project Manager).


What have we done so far?


So far we have:

- Secured a 25-year lease within the iconic old post office building. 

- Built a strong and experienced team to ensure this project is successful. 

- We have current investors onboard. 

- Held an successful VIP Launch Event.

- Been in several media spaces namely: NZ Herald, Stuff, The Star, More FM, Breeze FM and last but not least, The AM Show.

The Grand Restoration Journey


Inside The Grand restoration.

What's next for The Grand?


In the first three years, we plan to focus solely on cementing our place within Christchurch’s hospitality sector and growing the core customer base of The Grand. We know from exhaustive examination, based on Darin, the CEO and the Founders 37 years of marketing development and start-up experience combined, that we have the strategies and plans to accomplish this.

From there, we believe The Grand will be in a position to consider other opportunities. Our highly capable and experienced team plans to focus on accelerating our expansion plans by looking for complementary development opportunities that sit within our respective fields of expertise. Initially, we plan for these to be centred on growing our influence and offerings within Christchurch, and later include opportunities to grow sustainably beyond Christchurch and into greater New Zealand.

Once The Grand business model is proven and successful the companies intention is to look at similar projects in other locations.


Risks and Challenges.


Delayed opening date: Weekly meetings with the construction company’s project manager and the landlord to ensure milestones and deadlines are met and if they aren’t they are discussed and planned for.

Business Continuity: Long lease agreement

Increased competition: As a major player in Christchurch’s hospitality industry, we are positioned to pivot quickly to combat increased competition. As a result of having the production synergies, we are able to continually negotiate better pricing and keep our cost structures low. A consistent but varied entertainment programme will allow us to tap into emerging trends and customer engagement triggers.

COVID-related lockdowns: We aim to have a strong online purchasing presence utilising popular delivery platforms as well as our own web placements. The bakery has the ability to upscale to a wholesale offering as an essential services provider.

Inflation: Given what many pundits predict, inflation may be a challenge and therefore we have a robust pricing review system ready to adapt to inflationary pressures.

Underdelivering: We have an extremely strong customer service programme and staff review system where quality and service are key focus points. Staff will receive ongoing training and review, alongside an incentive-based rewards programme to encourage upselling, for example.

Supply chain problems: We plan to make use of alternative supply chains which will be localised as much as possible. Menu development will be based on local procurement, with less reliance on imported ingredients. Where possible, we will deal with the producer in tandem with our pricing review system.

People: Staff retention and recruitment is proving to be an industry challenge. We strive to be a team-focused employer, with the wellbeing of our staff an important consideration in delivering exceptional service. That’s why we have taken a proactive approach by:

- Offering a fair remuneration package with flexibility to reward experience and achievement of KPIs

- Illustrating clear career progression within the organisation

- Implementing an extensive and ongoing training programme to upskill staff.

Food safety: Food safety is paramount. We plan to put robust systems in place to meet all industry standards including the ability to adjust rapidly and safely to changes within the industry. The Founder and Executive Chef holds extensive experience within the hospitality industry.

Construction and fit-out delays: Delivering the project on time is crucial in managing our costs effectively. Our design and fit-out teams have developed a detailed and staged delivery plan and where possible have ensured that resources required are available for delivery within those projected build timelines. Every effort has been made to ensure the project is managed efficiently and on time.


We’re building The Grand for the Christchurch and Canterbury community. This is your opportunity to own a piece of Christchurch.


A Note from PledgeMe

We have completed Veda checks on the companies, The Grand Cathedral Square Limited, and their Directors, as well as Google and Insolvency checks. There were no adverse findings.

Updates 4

Announcement: You asked for it and we listened - We have lowered our minimum investment to $50!

20/10/2021 at 8:44 AM

Definitely Share worthy. 

We would love to have thousands of people join us on this journey. You asked for it and we listened.

For a minimum investment of $50 in The Grand, you can own a share of Christchurch's future.

Ever wanted to own a part of a Bar or a Restaurant? What about a Bakery, Retail Store, an Art Gallery and a Pastry School, as well as a visitor information centre.

For a minimum investment of $50 you can own a share of them all. Location: The Cathedral Square.

Check us out at I want to be part of The Grand, Cathedral Square

It is your future if you want it.

Your Place, Your Space

The Grand, Cathedral Square

Our latest team member to join The Grand!

14/10/2021 at 8:12 AM

We are extremely excited to announce that we have Geoffrey Crabbe joining our team as of today, as the Executive Chef for The Grand!



Geoff has been involved in numerous hospitality projects, both development and pre-opening stages. 

Geoff is a results-driven leader with extensive experience from Asia to Australia in leading hospitality operations for high profile resorts for over 22 years.

 

His experience includes: 

- Executive Chef at The Chateau Hotel, Tongariro National Park 

- Executive Chef at Amazonita, Christchurch 

- Executive Chef / Pastry Chef Consultant  at L-Concepts in Vietnam 

- Executive Chef at the Amansara Resort & Spa in Cambodia 

- Executive Chef at the Anantara Resorts & Spa in Cambodia & Vietnam 

 

Recognised for highly creative, innovative preparation, presentation techniques, and attention to detail. He is a reliable team member with effective communication, interpersonal, and organisational abilities, establishing and maintaining professional relations with clients, colleagues, and senior personnel. 

 

We are super chuffed to have secured someone of Geoff's caliber and we are very fortunate to have him as part of The Grand Team.

We look forward to working with you Geoff!

#TheGrandCathedralSquare

#YourPlaceYourSpace

 

We have been making waves in the media and getting noticed!

06/10/2021 at 2:34 PM

Hi All,

So we are almost half way to our minimum target! Thank you to each one of you! 

$359,713 raised by 68 people with 21 days left!

We wanted to share with you a few of the amazing articles which hit media that you could read and share with colleagues, friends and families. 

'The Grand': Crowdfunding begins for Cathedral Square's Old Post Office

Grand plans for Cathedral Square announced

PLANS TO REVITALISE CATHEDRAL SQUARE

A Heritage ‘Place For The People’ Set To Revitalise Cathedral Square

“We decided that this was a space for Canterbury, so we wanted it to be owned by the people of Canterbury. So, the crowdfunding option allows us to give everyone the opportunity to participate if they want to."

 

We are extremely excited for the coming weeks as we have been in many discussions with interested investors.

Any questions or ideas, please contact us!!

We look forward to hearing from you!

 

The Grand Team

"Your Place, Your Space"

 

 

Thank you!

30/09/2021 at 11:29 AM

Thank you to the pledges we have received this far!

Your encouraging words of support and excitement for this project is most appreicated. 

We look forward to you joining us on this journey!

Please share this opportunity with your colleagues, friends and family members - we want the Canterbury community to own this amazing business and we don't want anyone to miss out!

    Details

    Offer Details

    Current Valuation 3,000,000
    Raise Minimum 800,000
    Raise Maximum 2,000,000
    Share Price 1.00
    Minimum Pledge 50.00
    Maximum Shares Offered 2,000,000
    Explanation of valuation:

    This Valuation has been based on financial forecasts that have been rigorously tested and scrutinised. As a start-up company and being a unique business structure of running multiple departments, the comparability to other businesses becomes difficult. For these reasons we have applied the Discounted Cash Flow method and believe this is the best approach to arrive at pre revenue valuation.

    This valuation has been undertaken by The Grand’s financial advisors in conjunction with valuation methodologies similar to other start-up (restaurant or hospitality) companies and reviewed by an external Chartered Accountant firm.

    Financial Summary

    Prev Year Current Year Est. FY 2023 Est. FY 2024
    Revenue NZ $0 NZ $2,437,797 NZ $13,669,923 NZ $15,772,608
    Operating Expenses NZ $20 NZ $367,332 NZ $1,571,935 NZ $1,875,492
    EBITDA NZ $20 NZ $362,350 NZ $1,587,536 NZ $1,756,061
    Net Profit NZ $20 NZ $0 NZ $0 NZ $0

    Company Details

    Company Name: The Grand Cathedral Square Limited

    Company Number: 8141282

    Company Documents

    The_Grand_IM_-_22_Sept.pdf

    (application/pdf, 9.31 MB, uploaded 22 September 2021)

    Constitution__The_Grand.pdf

    (application/pdf, 528 KB, uploaded 22 September 2021)

    Company_Extract_The_Grand_Cathedral_Square_Ltd.pdf

    (application/pdf, 1.07 MB, uploaded 03 August 2021)

    Certificate_of_incorporation_The_Grand_Cathedral_Square_Ltd.pdf

    (application/pdf, 588 KB, uploaded 03 August 2021)

    Director Details

    Name Role Profile URL Invested?
    Darin Rainbird Director https://www.linkedin.com/in/darin-rainbird-680431214/?originalSubdomain=nz
    Joanne Rainbird Director http://linkedin.com/in/jo-rainbird-183396219
    Stephanie Rainbird Director https://www.linkedin.com/in/stephanie-rainbird-52a041219/

    Questions 4

    Ask a Question (You must login to ask a question)


    Why not give every shareholder a Forever Happy Hour Card?

    Posted on 25-09-2021 by Michelle Patterson

    Hi Michelle. All owners will be given special privileges on top of the stated rewards. Owner only functions, first access to events and other interesting options that we are working on. It is our intention to make ownership in The Grand a rewarding and pleasurable experience over and above the financial forecasted returns. Hope that helps and thanks for the question. Happy to answer any questions.

    Answered on 25-09-2021 by The Grand Cathedral Square Limited


    Hi guys. I just have a question about the conditions of the forever happy hour card option. My wife and I are thinking about investing but just wondering if we'd both be able to use the forever happy hour / discount card or would it be strictly the named invester only? Have you outlined the conditions on the use of that somewhere?

    Posted on 05-10-2021 by Mitchell Cocking

    Hi Mitchell. A couple can use the card as it is assumed you are investing together. The name associated with the card would read as an example John and Donna Smith. The card can be used on a night out together or alone but can not be used for a group. We will have a separate arrangement for owners who wish to book a function. As an example a Christmas function for owners will have a discount associated with it, to be determined by numbers and night. Hope that helps and thank you for the question.

    Answered on 05-10-2021 by The Grand Cathedral Square Limited


    Hi team! Looks amazing- will you be looking to join an investment platform like sharesies in the near future?

    Posted on 06-10-2021 by Kirsten Martini

    Hi Kirsten. Thanks for your question. We will be using the Syndex platform to enable shares to be traded. The new board will look at all options that will benefit our owners. Hope that helps. Looking forward to seeing as many owners joining us.

    Answered on 06-10-2021 by The Grand Cathedral Square Limited


    Hi
    Looks great.
    Just wondering how do the shares work? Will they be able to be sold at any time? What is the process for selling the shares?
    Thanks very much

    Posted on 21-10-2021 by Luke

    Hi Luke yes the shares will be available to be bought and sold on the Syndex platform. thanks for the question.

    Answered on 21-10-2021 by The Grand Cathedral Square Limited

    Pledgers 105

    Betty Herrett
    2021-10-23 21:00:45 +1300
    Gill Weavers
    2021-10-23 18:53:58 +1300

    "Great to see this happen!"

    John Herrett
    2021-10-23 15:09:18 +1300
    Jaz Yates
    2021-10-23 12:30:02 +1300
    Pleayo Tovaranonte
    2021-10-23 08:56:23 +1300
    Graeme Fair
    2021-10-23 06:09:39 +1300
    Umesh Sharna
    2021-10-22 22:29:47 +1300
    Kirstyn & Nathan Tait
    2021-10-22 22:08:04 +1300
    Dilanie Cabraal
    2021-10-22 21:23:34 +1300
    Naveen Kumar Ramesh
    2021-10-22 18:14:23 +1300

    "Let's go GRAND..."

    Jayden
    2021-10-22 16:11:41 +1300
    Manabay Rangihaeata
    2021-10-22 14:05:01 +1300
    Liz Barrie
    2021-10-22 13:40:32 +1300
    Willem Fouche
    2021-10-22 12:40:53 +1300
    Anne-Marie Fouche
    2021-10-22 12:37:23 +1300
    Thomas Hall
    2021-10-21 22:59:49 +1300
    Liena Wu
    2021-10-21 21:36:31 +1300
    Lorane McGowan
    2021-10-21 20:27:05 +1300
    Joanne Mitchell
    2021-10-21 20:19:31 +1300
    Peter
    2021-10-21 18:18:08 +1300
    Jared Waipouri
    2021-10-21 11:15:35 +1300
    Jean Forbes
    2021-10-21 10:25:17 +1300
    Neill
    2021-10-21 10:15:30 +1300
    Christian Westrip
    2021-10-21 09:12:20 +1300
    Aileen
    2021-10-20 23:01:48 +1300

    "Please just put my first name initial not full name"

    Partha Jupudi
    2021-10-20 21:51:42 +1300
    Ahmed Abdou
    2021-10-20 18:06:14 +1300
    Malcolm Hoogervorst
    2021-10-18 21:34:13 +1300
    WRECKLESS INC LIMITED
    2021-10-14 10:45:03 +1300

    "Location, Location, Location."

    Rebecca Pittman
    2021-10-13 22:07:34 +1300

    The Grand Cathedral Square Limited

    The Grand Cathedral Square

    Your Place, Your Space


    Housed in the 140-year-old former Chief Post Office in Cathedral Square, The Grand has been part of the very fabric of this city for generations. The building has stood the tests of time, city developments, and earthquakes, and is as impressive today as the day it was built. A Grand old Lady, a part of our fabric and as it has always been Your Place, Your Space.

    The Grand will be a leased venue inside the prime location of the old Chief Post Office building, with access to Cathedral Square. We plan to turn The Grand into a world-class destination for our world-class city, complete with an artisan French bakery, people-focused food court experience, visitor information centre, iconic restaurants, and bars and one of New Zealand’s largest outdoor plaza's.

    Chief Post Office, Christchurch. 1920s. Sydney Charles Smith

    Our Vision


    Our vision is for The Grand to be a place that Canterbury locals are proud of, and a must-see destination for out-of-town visitors – a place where people can meet, greet, socialise and play. But it will also be capable of adapting to change quickly and easily. That might be offering the latest craze to hit Christchurch – think the Bruffin – or introducing an up and- coming food experience.

    Our vision is when our customers are dining with us for breakfast and lunch, our evening entertainment and events will be advertised and communicated to our customers by means of table talkers and our friendly wait staff. The Council event space is located right next door which we believe may present opportunities to collaborate and further promote The Grand’s dynamic event and entertainment offerings.

    Here is your opportunity to be a part of this amazing redevelopment and take ownership of your city’s revitalisation with an investment in The Grand and secure your piece of Christchurch.


    Caption: Images are renderings of the proposed 1879 Bar and Artisan Bakery

    Home to some of Canterbury's best producers and hospitality: The Grand will aim to become the ultimate destination for locals and visitors.


    Our Team


    Darin Rainbird. Director

    Darin has spent the last 25 years building and developing his own businesses in the Hospitality, Tourism, Marketing and Property Development sectors. He took ownership and managed the successful transition of The Akaroa i-SITE from a substantial (six figure) loss making enterprise into a stand-alone, privately owned, profit making (six figure) enterprise. He demonstrates on a continuing basis the ability to see opportunity and capitalise on it. His unorthodox marketing acumen has seen his businesses flourish and cope with the challenges the world has currently presented. We welcome his insight and involvement in the development of The Grand.

    Stephanie Rainbird. Director

    Stephanie brings a lifetime of hospitality experience to the business and has been involved in the Hospitality industry most of her adult life, owning and managing several highly successful hospitality and tourism businesses. Stephanie has developed and overseen the implementation of strategic business plans for her own companies and consulted on several other large projects, both from a start-up position through to a strategic business pivot. Stephanie’s experience in management and operational processes as well as her ability to analyse at arm’s length is a great addition to our business skill set.

    Joanne Rainbird. Director

    Joanne brings nearly 20 years of experience in the financial advisory and services sector. A Chartered Accountant for 13 years with a current number of high-profile hospitality clients. Joanne has also worked extensively with start-up companies and has effectively managed the processes required for structure, accountability, and success. A no nonsense result based approach has been reflected throughout her career, which has led to her being highly respected in her field. An analytical processes expert she brings a wealth of knowledge to the business.

    Bianca Baillie. Business Development Manager.

    Bianca brings more than 10 years of international experience in the financial advisory and services sector. Her project management skills and ‘let’s get it done’ attitude is exactly what The Grand requires to ensure we move along swiftly, build momentum, achieve the goals we set out, and succeed. Bianca enjoys building relationships and finding the best people to partner with in business, to create long term ventures with.

    Hien Bushell. Customer Service Manager.

    Hien has built her own phenomenally successful customer services companies over the last 11 years and understands very clearly the connection in the customer experience. This has resulted in her businesses achieving a repeat customer ratio of 85%, an industry lead. Hien’s knowledge on what makes the customer experience rewarding, memorable and repeat worthy will stand The Grand in exceptionally good stead. Her ability to implement diverse strategies and measurable applications will ensure The Grand customers are very well served.

    Above are just a few of our team at a onsite meeting on 16 September, from left to right: Bianca Baillie (Business Development Manager), Hien Bushell (Customer Service Manager), Darin Rainbird (CEO & Founder) and Tony Nguyen (Project Manager).


    What have we done so far?


    So far we have:

    - Secured a 25-year lease within the iconic old post office building. 

    - Built a strong and experienced team to ensure this project is successful. 

    - We have current investors onboard. 

    - Held an successful VIP Launch Event.

    - Been in several media spaces namely: NZ Herald, Stuff, The Star, More FM, Breeze FM and last but not least, The AM Show.

    The Grand Restoration Journey


    Inside The Grand restoration.

    What's next for The Grand?


    In the first three years, we plan to focus solely on cementing our place within Christchurch’s hospitality sector and growing the core customer base of The Grand. We know from exhaustive examination, based on Darin, the CEO and the Founders 37 years of marketing development and start-up experience combined, that we have the strategies and plans to accomplish this.

    From there, we believe The Grand will be in a position to consider other opportunities. Our highly capable and experienced team plans to focus on accelerating our expansion plans by looking for complementary development opportunities that sit within our respective fields of expertise. Initially, we plan for these to be centred on growing our influence and offerings within Christchurch, and later include opportunities to grow sustainably beyond Christchurch and into greater New Zealand.

    Once The Grand business model is proven and successful the companies intention is to look at similar projects in other locations.


    Risks and Challenges.


    Delayed opening date: Weekly meetings with the construction company’s project manager and the landlord to ensure milestones and deadlines are met and if they aren’t they are discussed and planned for.

    Business Continuity: Long lease agreement

    Increased competition: As a major player in Christchurch’s hospitality industry, we are positioned to pivot quickly to combat increased competition. As a result of having the production synergies, we are able to continually negotiate better pricing and keep our cost structures low. A consistent but varied entertainment programme will allow us to tap into emerging trends and customer engagement triggers.

    COVID-related lockdowns: We aim to have a strong online purchasing presence utilising popular delivery platforms as well as our own web placements. The bakery has the ability to upscale to a wholesale offering as an essential services provider.

    Inflation: Given what many pundits predict, inflation may be a challenge and therefore we have a robust pricing review system ready to adapt to inflationary pressures.

    Underdelivering: We have an extremely strong customer service programme and staff review system where quality and service are key focus points. Staff will receive ongoing training and review, alongside an incentive-based rewards programme to encourage upselling, for example.

    Supply chain problems: We plan to make use of alternative supply chains which will be localised as much as possible. Menu development will be based on local procurement, with less reliance on imported ingredients. Where possible, we will deal with the producer in tandem with our pricing review system.

    People: Staff retention and recruitment is proving to be an industry challenge. We strive to be a team-focused employer, with the wellbeing of our staff an important consideration in delivering exceptional service. That’s why we have taken a proactive approach by:

    - Offering a fair remuneration package with flexibility to reward experience and achievement of KPIs

    - Illustrating clear career progression within the organisation

    - Implementing an extensive and ongoing training programme to upskill staff.

    Food safety: Food safety is paramount. We plan to put robust systems in place to meet all industry standards including the ability to adjust rapidly and safely to changes within the industry. The Founder and Executive Chef holds extensive experience within the hospitality industry.

    Construction and fit-out delays: Delivering the project on time is crucial in managing our costs effectively. Our design and fit-out teams have developed a detailed and staged delivery plan and where possible have ensured that resources required are available for delivery within those projected build timelines. Every effort has been made to ensure the project is managed efficiently and on time.


    We’re building The Grand for the Christchurch and Canterbury community. This is your opportunity to own a piece of Christchurch.


    A Note from PledgeMe

    We have completed Veda checks on the companies, The Grand Cathedral Square Limited, and their Directors, as well as Google and Insolvency checks. There were no adverse findings.

    Announcement: You asked for it and we listened - We have lowered our minimum investment to $50!

    20/10/2021 at 8:44 AM

    Definitely Share worthy. 

    We would love to have thousands of people join us on this journey. You asked for it and we listened.

    For a minimum investment of $50 in The Grand, you can own a share of Christchurch's future.

    Ever wanted to own a part of a Bar or a Restaurant? What about a Bakery, Retail Store, an Art Gallery and a Pastry School, as well as a visitor information centre.

    For a minimum investment of $50 you can own a share of them all. Location: The Cathedral Square.

    Check us out at I want to be part of The Grand, Cathedral Square

    It is your future if you want it.

    Your Place, Your Space

    The Grand, Cathedral Square

    Our latest team member to join The Grand!

    14/10/2021 at 8:12 AM

    We are extremely excited to announce that we have Geoffrey Crabbe joining our team as of today, as the Executive Chef for The Grand!



    Geoff has been involved in numerous hospitality projects, both development and pre-opening stages. 

    Geoff is a results-driven leader with extensive experience from Asia to Australia in leading hospitality operations for high profile resorts for over 22 years.

     

    His experience includes: 

    - Executive Chef at The Chateau Hotel, Tongariro National Park 

    - Executive Chef at Amazonita, Christchurch 

    - Executive Chef / Pastry Chef Consultant  at L-Concepts in Vietnam 

    - Executive Chef at the Amansara Resort & Spa in Cambodia 

    - Executive Chef at the Anantara Resorts & Spa in Cambodia & Vietnam 

     

    Recognised for highly creative, innovative preparation, presentation techniques, and attention to detail. He is a reliable team member with effective communication, interpersonal, and organisational abilities, establishing and maintaining professional relations with clients, colleagues, and senior personnel. 

     

    We are super chuffed to have secured someone of Geoff's caliber and we are very fortunate to have him as part of The Grand Team.

    We look forward to working with you Geoff!

    #TheGrandCathedralSquare

    #YourPlaceYourSpace

     

    We have been making waves in the media and getting noticed!

    06/10/2021 at 2:34 PM

    Hi All,

    So we are almost half way to our minimum target! Thank you to each one of you! 

    $359,713 raised by 68 people with 21 days left!

    We wanted to share with you a few of the amazing articles which hit media that you could read and share with colleagues, friends and families. 

    'The Grand': Crowdfunding begins for Cathedral Square's Old Post Office

    Grand plans for Cathedral Square announced

    PLANS TO REVITALISE CATHEDRAL SQUARE

    A Heritage ‘Place For The People’ Set To Revitalise Cathedral Square

    “We decided that this was a space for Canterbury, so we wanted it to be owned by the people of Canterbury. So, the crowdfunding option allows us to give everyone the opportunity to participate if they want to."

     

    We are extremely excited for the coming weeks as we have been in many discussions with interested investors.

    Any questions or ideas, please contact us!!

    We look forward to hearing from you!

     

    The Grand Team

    "Your Place, Your Space"

     

     

    Thank you!

    30/09/2021 at 11:29 AM

    Thank you to the pledges we have received this far!

    Your encouraging words of support and excitement for this project is most appreicated. 

    We look forward to you joining us on this journey!

    Please share this opportunity with your colleagues, friends and family members - we want the Canterbury community to own this amazing business and we don't want anyone to miss out!

      Offer Details

      Current Valuation 3,000,000
      Raise Minimum 800,000
      Raise Maximum 2,000,000
      Share Price 1.00
      Minimum Pledge 50.00
      Maximum Shares Offered 2,000,000
      Explanation of valuation:

      This Valuation has been based on financial forecasts that have been rigorously tested and scrutinised. As a start-up company and being a unique business structure of running multiple departments, the comparability to other businesses becomes difficult. For these reasons we have applied the Discounted Cash Flow method and believe this is the best approach to arrive at pre revenue valuation.

      This valuation has been undertaken by The Grand’s financial advisors in conjunction with valuation methodologies similar to other start-up (restaurant or hospitality) companies and reviewed by an external Chartered Accountant firm.

      Financial Summary

      Prev Year Current Year Est. FY 2023 Est. FY 2024
      Revenue NZ $0 NZ $2,437,797 NZ $13,669,923 NZ $15,772,608
      Operating Expenses NZ $20 NZ $367,332 NZ $1,571,935 NZ $1,875,492
      EBITDA NZ $20 NZ $362,350 NZ $1,587,536 NZ $1,756,061
      Net Profit NZ $20 NZ $0 NZ $0 NZ $0

      Company Details

      Company Name: The Grand Cathedral Square Limited

      Company Number: 8141282

      Company Documents

      The_Grand_IM_-_22_Sept.pdf

      (application/pdf, 9.31 MB, uploaded 22 September 2021)

      Constitution__The_Grand.pdf

      (application/pdf, 528 KB, uploaded 22 September 2021)

      Company_Extract_The_Grand_Cathedral_Square_Ltd.pdf

      (application/pdf, 1.07 MB, uploaded 03 August 2021)

      Certificate_of_incorporation_The_Grand_Cathedral_Square_Ltd.pdf

      (application/pdf, 588 KB, uploaded 03 August 2021)

      Director Details

      Name Role Profile URL Invested?
      Darin Rainbird Director https://www.linkedin.com/in/darin-rainbird-680431214/?originalSubdomain=nz
      Joanne Rainbird Director http://linkedin.com/in/jo-rainbird-183396219
      Stephanie Rainbird Director https://www.linkedin.com/in/stephanie-rainbird-52a041219/

      Ask a Question (You must login to ask a question)


      Why not give every shareholder a Forever Happy Hour Card?

      Posted on 25-09-2021 by Michelle Patterson

      Hi Michelle. All owners will be given special privileges on top of the stated rewards. Owner only functions, first access to events and other interesting options that we are working on. It is our intention to make ownership in The Grand a rewarding and pleasurable experience over and above the financial forecasted returns. Hope that helps and thanks for the question. Happy to answer any questions.

      Answered on 25-09-2021 by The Grand Cathedral Square Limited


      Hi guys. I just have a question about the conditions of the forever happy hour card option. My wife and I are thinking about investing but just wondering if we'd both be able to use the forever happy hour / discount card or would it be strictly the named invester only? Have you outlined the conditions on the use of that somewhere?

      Posted on 05-10-2021 by Mitchell Cocking

      Hi Mitchell. A couple can use the card as it is assumed you are investing together. The name associated with the card would read as an example John and Donna Smith. The card can be used on a night out together or alone but can not be used for a group. We will have a separate arrangement for owners who wish to book a function. As an example a Christmas function for owners will have a discount associated with it, to be determined by numbers and night. Hope that helps and thank you for the question.

      Answered on 05-10-2021 by The Grand Cathedral Square Limited


      Hi team! Looks amazing- will you be looking to join an investment platform like sharesies in the near future?

      Posted on 06-10-2021 by Kirsten Martini

      Hi Kirsten. Thanks for your question. We will be using the Syndex platform to enable shares to be traded. The new board will look at all options that will benefit our owners. Hope that helps. Looking forward to seeing as many owners joining us.

      Answered on 06-10-2021 by The Grand Cathedral Square Limited


      Hi
      Looks great.
      Just wondering how do the shares work? Will they be able to be sold at any time? What is the process for selling the shares?
      Thanks very much

      Posted on 21-10-2021 by Luke

      Hi Luke yes the shares will be available to be bought and sold on the Syndex platform. thanks for the question.

      Answered on 21-10-2021 by The Grand Cathedral Square Limited

      Betty Herrett
      2021-10-23 21:00:45 +1300
      Gill Weavers
      2021-10-23 18:53:58 +1300

      "Great to see this happen!"

      John Herrett
      2021-10-23 15:09:18 +1300
      Jaz Yates
      2021-10-23 12:30:02 +1300
      Pleayo Tovaranonte
      2021-10-23 08:56:23 +1300
      Graeme Fair
      2021-10-23 06:09:39 +1300
      Umesh Sharna
      2021-10-22 22:29:47 +1300
      Kirstyn & Nathan Tait
      2021-10-22 22:08:04 +1300
      Dilanie Cabraal
      2021-10-22 21:23:34 +1300
      Naveen Kumar Ramesh
      2021-10-22 18:14:23 +1300

      "Let's go GRAND..."

      Jayden
      2021-10-22 16:11:41 +1300
      Manabay Rangihaeata
      2021-10-22 14:05:01 +1300
      Liz Barrie
      2021-10-22 13:40:32 +1300
      Willem Fouche
      2021-10-22 12:40:53 +1300
      Anne-Marie Fouche
      2021-10-22 12:37:23 +1300
      Thomas Hall
      2021-10-21 22:59:49 +1300
      Liena Wu
      2021-10-21 21:36:31 +1300
      Lorane McGowan
      2021-10-21 20:27:05 +1300
      Joanne Mitchell
      2021-10-21 20:19:31 +1300
      Peter
      2021-10-21 18:18:08 +1300
      Jared Waipouri
      2021-10-21 11:15:35 +1300
      Jean Forbes
      2021-10-21 10:25:17 +1300
      Neill
      2021-10-21 10:15:30 +1300
      Christian Westrip
      2021-10-21 09:12:20 +1300
      Aileen
      2021-10-20 23:01:48 +1300

      "Please just put my first name initial not full name"

      Partha Jupudi
      2021-10-20 21:51:42 +1300
      Ahmed Abdou
      2021-10-20 18:06:14 +1300
      Malcolm Hoogervorst
      2021-10-18 21:34:13 +1300
      WRECKLESS INC LIMITED
      2021-10-14 10:45:03 +1300

      "Location, Location, Location."

      Rebecca Pittman
      2021-10-13 22:07:34 +1300
      Equity Offer

      From NZ $800,000 for 21.1%

      Up to NZ $2,000,000 for 40.0%

      Share Offer

      Up to 2,000,000 Shares

      at NZ $1.00 per Share

      Investor Perks

      (Determined by your pledge amount)

      $50 And Become An Investor Today!

      NZ $50.00+

      50 shares for $50. What an opportunity!

      Latest New Perk Offer - You Asked And We Listened!

      NZ $500.00+

      500 shares for $500 and receive a $25 voucher to use at The Grand. All investors will also receive invites to owner only events and be given early bird offers to events and special promotions. Shareholder Benefits: Shareholders will enjoy owner only nights once we have opened and will also receive priority bookings for events and special promotions. This is in addition to the great rewards for becoming an owner. Another benefit of becoming a shareholder is an exclusive invitation to the VIP party for the opening of The Grand to celebrate in the inspirational building.

      1000 Shares

      NZ $1,000.00+

      1,000 shares for $1,000 and receive a $70 voucher to use at the 1879 Bar and Restaurant. Shareholder Benefits: Shareholders will enjoy owner only nights once we have opened and will also receive priority bookings for events and special promotions. This is in addition to the great rewards for becoming an owner. Another benefit of becoming a shareholder is an exclusive invitation to the VIP party for the opening of The Grand to celebrate in the inspirational building.

      2500 Shares

      NZ $2,500.00+

      2,500 shares for $2,500 and receive a $200 voucher to use at the 1879 Bar and Restaurant. Shareholder Benefits: Shareholders will enjoy owner only nights once we have opened and will also receive priority bookings for events and special promotions. This is in addition to the great rewards for becoming an owner. Another benefit of becoming a shareholder is an exclusive invitation to the VIP party for the opening of The Grand to celebrate in the inspirational building.

      5000 Shares

      NZ $5,000.00+

      5,000 shares for $5,000 and receive the “Forever Happy Hour card” valid seven days per week and entitles the holder to $2 off all alcoholic beverages, $1 off other beverages, 10% off all food across all outlets, 15% off retail, furniture and art. plus a $100 voucher to 1879 Bar and Restaurant. (each multiple of $5,000 receives a new card). Shareholder Benefits: Shareholders will enjoy owner only nights once we have opened and will also receive priority bookings for events and special promotions. This is in addition to the great rewards for becoming an owner. Another benefit of becoming a shareholder is an exclusive invitation to the VIP party for the opening of The Grand to celebrate in the inspirational building.

      10000 Shares

      NZ $10,000.00+

      10,000 shares for $10,000 and in addition to number 3, receive 2 weeks per year to feature a business at The Grand’s featured owners area. High visibility and foot traffic (each multiple of $10,000 receives another 2 weeks). If you are investing and you do not take up the commercial opportunity, you could nominate a charity of your choice and we will offer that charity the opportunity to host one event for the charity, in one of our spaces within a 12 month period from the date of your investment. i.e. no hosting fees. Shareholder Benefits: Shareholders will enjoy owner only nights once we have opened and will also receive priority bookings for events and special promotions. This is in addition to the great rewards for becoming an owner. Another benefit of becoming a shareholder is an exclusive invitation to the VIP party for the opening of The Grand to celebrate in the inspirational building.

      Warning statement about equity crowdfunding

      Equity crowdfunding is risky.

      Issuers using this facility include new or rapidly growing ventures. Investment in these types of business is very speculative and carries high risks.

      You may lose your entire investment, and must be in a position to bear this risk without undue hardship.

      New Zealand law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision.

      The usual rules do not apply to offers by issuers using this facility. As a result, you may not be given all the information usually required. You will also have fewer other legal protections for this investment.

      Ask questions, read all information given carefully, and seek independent financial advice before committing yourself.