Stewart tells ARLnow.com that he has raised about $175,000 of the $400,000 to $500,000 he needs to bring the watering hole back to life. Having already sold interest-bearing investments, Stewart is now selling ownership shares in the new bar.
Stewart says that he has negotiated a purchase price for an existing business in Clarendon, and now just must raise enough money to get the new Dremo’s off the ground and running.