Companies · Restaurants

CHG-Metro JV, LLC

TAMPA · Restaurants

Diligence memoA one-page analyst read on CHG-Metro JV, LLC — recommendation, valuation, rhythm, risks.→
$2.9M
Total raised · real
1
Rounds
—
Latest step-up
Top 23%
Sector rank · raised
Seed
Latest stage · inferred · Mon Jun 23 2014 00:00:00 GMT+0000 (Coordinated Universal Time)

CHG-Metro JV, LLC looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the restaurants sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 1.67× the median modeled value of Seed Restaurants companies in 2013–2015 (101 peers) — value vs value, same stage and era.
Dormant
  • Last raise 12.0 yr ago; this sector typically re-raises about every 13 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

CHG-Metro JV, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
12.3 yr record
Peak capital year was 2014 with $2.9M across 1 filings.
Market position
ahead of 78% of Restaurants peers
Capital scale is ahead of 78% of Restaurants peers; modeled value is above 84% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2014: $2.9M across 1 filings.
  • Largest single filing was $2.9M on 2014-06-23.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Restaurants

CHG-Metro JV, LLC is one of 2292 Restaurants companies tracked from TAMPA. By capital raised it ranks in the upper tier (ahead of 78% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0M$10M$15M$20MSeed · 2014-06-23 Raised $2.9M (real) Modeled valuation $10M (est)$2.9M$10MSeed2014

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.9M · 2014

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$10.3M
Base estimate est.
$2.2M
Conservative case
$80.8M
Upside case
$14.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seed — a $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the restaurants sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
34%
Survival probability
15% low · 52% high
1.13×/yr
Annual markup
1.48×/yr upside case
6.0 yr
Elapsed time used
12.0 yr actual, capped for stale marks
restaurants
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
12.3 yr
On record since
2014
First round
1
Rounds on file
How it compares to the market

Benchmarked against 2292 companies in Restaurants. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages)▲ 3.3× above median
This company$2.9M
Sector median$900K
Latest round — vs other Seed rounds in sector (real $, this stage)▲ 1.6× above median
This company$2.9M
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages)▲ 3.9× above median
This company$10.3M
Sector median$2.6M

Raised more than 78% of sector peers (real $). Modeled value above 84% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #12 of 101.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)MGE International Hospitality Group LLC · Seed Raised $4.0M · modeled $14.1M (est)RDW Rudy's Fort Worth Limited Partnership · Seed Raised $4.0M · modeled $14.1M (est)Monument Restaurants VII, LLC · Seed Raised $3.7M · modeled $13.1M (est)Wingtime LLC · Seed Raised $3.5M · modeled $12.3M (est)Eatery Green, LLC · Seed Raised $3.5M · modeled $12.3M (est)BP Fund A, LLC · Seed Raised $3.5M · modeled $12.3M (est)LK Restaurant Ventures LLC · Seed Raised $3.4M · modeled $12.0M (est)Freedom Enterprises, Llc · Seed Raised $3.3M · modeled $11.6M (est)ERA Ventures, LLC · Seed Raised $3.2M · modeled $11.3M (est)Cavamezze Grill, LLC · Seed Raised $5.4M · modeled $10.9M (est)Clean Plate Restaurants, Inc. · Seed Raised $17.3M · modeled $10.6M (est)CHG-Metro JV, LLC (this company) Raised $2.9M · modeled $10.3M (est)CHG-Metro JV, LLC
CompanyStageRaised · realValue · estvs peer med.
MGE International Hospitality Group LLCSeed$4.0M$14.1M2.29×
RDW Rudy's Fort Worth Limited PartnershipSeed$4.0M$14.1M2.29×
Monument Restaurants VII, LLCSeed$3.7M$13.1M2.13×
Wingtime LLCSeed$3.5M$12.3M2.00×
Eatery Green, LLCSeed$3.5M$12.3M2.00×
BP Fund A, LLCSeed$3.5M$12.3M2.00×
LK Restaurant Ventures LLCSeed$3.4M$12.0M1.96×
Freedom Enterprises, LlcSeed$3.3M$11.6M1.89×
ERA Ventures, LLCSeed$3.2M$11.3M1.83×
Cavamezze Grill, LLCSeed$5.4M$10.9M1.77×
Clean Plate Restaurants, Inc.Seed$17.3M$10.6M1.72×
CHG-Metro JV, LLC this companySeed$2.9M$10.3M1.67×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$2.9M2014-06-23$14.6M$10.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$2.9M2014-06-23
    • First recorded raise — entered as Seed.
Intelligence
—
Modeled next raise
$4.7M
Modeled next size est.range $3.0M–$7.5M
—
Last step-up
—
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Chris T. Sullivan—3 other2014-06
Hugh H. Connerty, Jr.—2 other2014-06
Carl W. Sahlsten—1 other2014-06
Registry & provenance

CHG-Metro JV, LLC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1607348
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Metro Diner, LLCRestaurantsSeries A$5.3M$3.7Mnetwork3 shared operators · same sector
Meadowbrook Franchise Opportunities, LLCRestaurantsSeed$2.9M$5.8Msame sector · same stage
Rival Holdings LLC / PARestaurantsSeed$2.9M$6.0Msame sector · same stage
300 West 4th Street LLCRestaurantsSeed$3.0M$5.4Msame sector · same stage
40 Trinity Place Restaurant Group LLCRestaurantsSeed$2.9M$7.7Msame sector · same stage
Cyrus 2.0 LLCRestaurantsSeed$2.9M$10.2Msame sector · same stage
Whambo! Enterprises, LLCRestaurantsSeed$3.0M$10.5Msame sector · same stage
STK Midtown Holdings, LLCRestaurantsSeed$2.9M$10.1Msame sector · same stage
Frequently asked
How much funding has CHG-Metro JV, LLC raised?
CHG-Metro JV, LLC has raised approximately $2.9M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is CHG-Metro JV, LLC's estimated valuation?
Provath's modeled valuation for CHG-Metro JV, LLC is approximately $10.3M (modeled range $2.2M–$80.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is CHG-Metro JV, LLC at?
CHG-Metro JV, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Jun 23.
What does CHG-Metro JV, LLC do and where is it based?
CHG-Metro JV, LLC operates in the Restaurants sector, based in TAMPA.
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