15th Round Boxing

15th Round Boxing

Early Stage

Boxing Gym and Product Line

Boxing Gym and Product Line

Overview

Raised to Date: Raised: $44,590

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/21/2017

Close Date

01/31/2018

Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment

$260

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$13.00

Pre-Money Valuation

$1,300,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2018

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$628

# of Investors

31

Momentum
Funded
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Year Founded

2017

Industry

Fitness & Wellness

Tech Sector

Location

Glendale, California

Family. Support. Community. Positivity. Strength. Endurance. Grit.

No, I’m not talking about a feel-good Disney movie. I’m talking about the 15th Round Boxing Gym in Los Angeles county. Those qualities are the backbone of what makes this gym tick and why it creates such a positive impact in its community on a daily basis. 15th Round is fully trademarked and licensed, as well as registered with the CSAC, AIBA, and USA Boxing. In addition to training career boxers and providing professional instruction, they offer everything from vetted instructors and managers to group fitness and self defense classes -- all while emphasizing the importance of community, getting in shape, and supporting each other.

Started by brothers George and Evangelos Giovanis, both who have extensive boxing expertise and knowledge, 15th Round has more than tripled its membership and business in the two years it’s been operating. Their boxing coaches have over 70 years of combined training experience, including fighting for world titles, and the gym currently has two professional boxers in the Heavyweight and Super Bantamweight divisions, both of whom are ranked in the top 30% of the world, hold national amateur titles, and are undefeated after eight professional bouts. Plus, Evangelos also specializes in film production, and he’s brought companies like BuzzFeed to shoot videos on site, earning over one million YouTube views, brand awareness, and additional income.

15th Round currently grosses over $100,000 from their one location, and with this venture, they’re looking to expand. After all, both boxing and gym memberships are on the rise in the US, with their being 6.77 million US boxing participants in 2015, and gym memberships grew 18.6% from 2008 to 2014. And, in just 2014, those memberships earned revenue of $24.2 billion!

The bottom line? 15th Round produces community members who are strong, resilient, and positive. They’ve saved clients from drugs, the streets, diabetes, and obesity, and they’ve turned their gym into a family. Now, they’re inviting you to join that family and become your own boxing champion -- one investment, grind session, and punching bag at a time.

“Who Should Be Interested in this Offer:”
Are you a boxer, or thinking about joining a boxing gym? Do you live in the LA area, and are looking to get in shape...while finding a new and supportive community? If so, then the 15th Round Boxing Gym just might make you want to put your money where your boxing gloves are! Their commitment to their members, their ability to train everyone from new boxers to seasoned vets, and their knowledge of brand marketing and promotion, make them feel like they could provide that winning investment punch you’ve been waiting for...and can feel good about.
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15th Round Boxing on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $1,300,000
Price per Share: $13.00

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