Premium Wagyu, made accessible

Wagyu Factory Miami Beach is an all-you-can-eat Wagyu BBQ & Hotpot experience with Japanese A5, American, and Australian Wagyu, all grilled and dipped at your table. It is priced at $39–49 per person across roughly 200 seats with full liquor service.

(Sample Select Menu from Lake Forest location)

The wagyu spans three origins–A5 imported from Japan, American, and Australian–a spread rarely offered together at all-you-can-eat pricing. Hotpot broths are made in-house daily from scratch, never pre-made or frozen. Beyond the grill, the buffet runs internationally, with sushi, oysters, Korean banchan, Chinese stir-fries, Japanese fried bites, and house-made dipping sauces.

The format is built around the dual-combo pot with a hot pot, grill pan, and grill net in one single unit. This allows for six cooking configurations per table which is designed for group dining and made to be shared.

Wagyu Factory is Chubby Group's casual-premium concept, already operating across California, Texas and Washington. Miami Beach is its next market.

High-volume restaurant with a revenue-share offering

Wagyu Factory Miami is built as a high-volume restaurant: all-you-can-eat pricing, roughly 200 seats, full liquor service, and a lunch-and-dinner service window, supported by Chubby Group's supply chain and standardized operations.

The operating margins are driven by tightly managed food and labor costs, standardized build-out and operations across locations, and repeat visits through the Chubby Club loyalty app.

The offering uses a revenue-share financing model. Investors provide up to $1,235,000 and receive a defined percentage of gross monthly revenue until a total of $3,500,000 has been paid out.

At the maximum raise, investors collectively receive 2% of monthly revenue until $2,000,000 has been paid, then 1.5% until the remaining $1,500,000 is paid; if less than the maximum is raised, the percentages and payout totals scale down proportionally. This structure targets a 2.8x cash-on-cash return–a target based on the company's projections, not a guaranteed return; actual payments depend entirely on revenue performance.

Full terms and risk factors are in the offering documents.

Growing demand, limited supply

Greater Miami draws over 27 million annual visitors, and Miami Beach sits at the center of its tourism and dining economy. Interest in Asian cuisine, premium ingredients, and experiential dining–particularly among Gen Z and Millennial consumers–continues to grow, making the market well suited to interactive formats like cook-your-own and all-you-can-eat.

Despite that demand, Miami still has limited large-scale BBQ & Hotpot concepts — a gap Wagyu Factory enters with a format already proven in California, Texas and Washington.

Wagyu Factory’s Competitive Edge

Miami's premium Asian dining market splits into two categories: high-end fine dining at fine-dining prices, and casual concepts without premium products. Wagyu Factory sits deliberately between them with A5-grade wagyu, multi-format BBQ and hotpot dining, at a $39–49 all-you-can-eat price point that most others don’t offer.

That middle position captures both experience-driven diners and value-conscious consumers, the two audiences driving Miami's dining growth.

The operator behind Wagyu Factory

Chubby Group is a U.S.-based restaurant and hospitality company that has grown from a single Las Vegas hot pot restaurant into a portfolio of 30+ Asian-inspired brands across 70+ open locations — spanning fine dining concepts like The X Pot at The Venetian Las Vegas, premium Wagyu restaurants including NIKU X, and casual brands like Chubby Cattle and Wagyu Factory.

Chubby Group has built a vertically integrated ecosystem including:

• Chubby Supply–an exclusive partnership with Masami Ranch in Northern California raising approximately 200 head of American Wagyu monthly for Chubby Group, supplemented by direct large-volume imports of Japanese and Australian Wagyu. This supply chain is what makes premium Wagyu at all-you-can-eat pricing possible.
• A modular design and materials pipeline – standardized build-outs that make new locations faster and more cost-efficient to open
• Chubby Media – our own in-house marketing and content
• Operational Infrastructure – HR, accounting, operational AI & ERP tech stack

Customer engagement runs through Chubby Club, the group's app-based loyalty platform connecting guests across its concepts and partner brands. Diners can receive points on every visit, track rewards, and redeem benefits through the app. Subscription membership tiers also offer additional perks and monthly rewards. The platform reached 200K+ members within one year of launch.

“There’s 27-year-olds Haibin Yang and David Zhao, who cofounded Chubby Cattle and The X Pot, which pair modern takes on traditional Chinese hot pot with technologies including robotic servers and high-end laser projectors to project custom media for every dish onto customers’ tables.” Forbes 30 Under 30 

“At Chubby Cattle, it’s all about over the top options and deliciousness. They call themselves reformers of tradition.” Food & Wine

“There’s no shortage of stuff to put in the broth, from all types of beef, pork, and chicken to shrimp, calamari, and clams. The noodle selection includes glass, udon, green tea, purple yam, tomato, potato, and taro.” Eater

Wagyu Factory’s Competitive Edge

Miami’s Asian restaurant market is largely split between expensive fine dining and casual concepts with limited product differentiation. Wagyu Factory bridges this gap by delivering premium wagyu quality, immersive grill dining, and strong value pricing in one concept.

With $39–$49 AYCE wagyu BBQ, multi-format dining (BBQ + hot pot), and a trend-forward brand built for social media, Wagyu Factory creates a unique positioning that competitors currently do not offer, allowing the brand to capture both experience-driven diners and value-conscious consumers.

Funding the Wagyu Factory Miami Launch

Funds raised through this offering go toward the design, development, and construction build-out of the Wagyu Factory Miami Beach location at 555 Washington Avenue, bringing the restaurant all the way from build-out to opening day.

Our goal is focused: establish a strong flagship location in one of the country's most dynamic dining markets, supported by Chubby Group's existing supply chain,

Invest in Wagyu Factory Miami

Wagyu Factory Miami is a new fusion BBQ and hot pot restaurant planned for Miami Beach, backed by Chubby Group, a fast-growing hospitality company with more than 70 restaurant locations across 30 Asian-inspired brands and over $250 million in annual revenue. The concept focuses on serving premium Japanese Wagyu beef at an accessible price, supported by Chubby Group’s vertically integrated supply chain. The restaurant is expected to seat around 200 guests with an average spend of $39 to $49 per person and projected annual revenue of more than $12 million.

The investment uses a revenue-share model rather than traditional equity. Investors collectively contribute up to $1.25 million and receive a percentage of the restaurant’s gross revenue until a total of $3.5 million has been paid out, targeting a 2.8× return over an estimated 7 to 10 years depending on performance. Funds will be used to launch and grow the Miami location, leveraging Chubby Group’s existing brand ecosystem, supply chain, and customer loyalty platform to support long-term expansion.