Absecon Capital SAFE Raise

Hospitality Group, Absecon Capital is Raising $5 Million for Expansion of Black Turtle Coffee and Kook Burger Concepts

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Hello, my name is Braeden Anderson. I'm the CEO of Absecon Capital, the innovative hospitality  group behind Kook Burger, Kook Burger & Bar, Black Turtle Coffee, and Jester Castle. We recently hired Perkins Coie to assist us with our seed raise via a $5 million dollar SAFE. We're on pace to do over $4 million in revenue in 2023 (only our second year), and our concepts are expanding rapidly. 

As a brief personal introduction, my journey began at global legal giants like Kirkland & Ellis LLP and Sidley Austin LLP.  As a big law attorney, I tackled complex challenges for major companies and institutions, excelling under pressure. I also served as the Assistant General Counsel of Regulatory at Robinhood Markets, Inc. I now focus full-time on propelling Absecon Capital, demonstrating my unyielding commitment to success.

Absecon Capital was founded by a collection of professionally diverse visionaries, the Absecon Capital family of brands are disrupting and redefining the coffee and casual dining segments of the U.S. food and beverage market. Our portfolio isn't a collection of acquired brands, but a magnum opus of original and scalable concepts we've hand built. Each concept emanates from our core values of relentless craftsmanship and an unyielding mission to provide products and experiences that are unrivaled in quality and freshness.

  • Black Turtle Coffee is a premium coffee company, and small-batch coffee roaster, specializing in all organic, single origin coffee from the world’s most desirable regions. Locations in Brigantine, NJ on 3101 Revere Blvd., Unit A; and in Philadelphia, PA on 2100 Chestnut St.
  • Kook Burger & Bar is an expansion of the Kook Burger concept in the form of a full-service sports bar that features a larger menu along with a wide variety of craft beer, margarita and whisky flights, and delicious cocktails that perfectly pair with your meal. The concept has went viral on social media—and the KBB Instagram touts nearly 100,000 followers since opening in February 2023. The KB&B menu features our original hand-crafted and made-to-order smash burgers and our famous Shoobie Shake® milkshakes— adding homemade nachos, salads, fried pickles and cheese curds, chicken wings and chicken sandwiches, specialty fries, and more. Located in Philadelphia, PA on the 1st Floor of 2102 Market St.
  • Kook Burger is a fast-casual version of the above concept specializing in hand-crafted and made-to-order smash burgers, chicken sandwiches, over-the-top Shoobie Shake® milkshakes, truffle fries, poutine, and more. Located in Brigantine, NJ on 3101 Revere Blvd., Unit B. 

The cornerstone of Absecon Capital is our team—seasoned professionals whose expertise are matched only by our passion. Stellar stewardship allows us to maintain exceptional quality and execution even as we ambitiously expand our operations. At Absecon Capital, operational excellence is not just a Power Point buzz word, it’s our battle cry. For our stakeholders—be they investors, employees, or customers—we offer a steadfast and unwavering commitment. A commitment to remain resolute in our mission to deliver transcendent experiences, sustainable growth, and industry-leading excellence.

Join us on this exhilarating journey as we set new precedents in disruptive hospitality.

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