Appalachian FC

Early Stage

Appalachian FC has brought NPSL Soccer to the High Country in a LEGENDARY way

Analytics

Raised to Date: Raised: $151,800

Aggregate Commitments $

Platform

Wefunder

Start Date

01/10/2022

Close Date

04/30/2022

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$2,500,000

Rolling Commitments $

Status

Active

Reporting Date

01/19/2022

Days Remaining

101

% of Min. Goal

304%

% of Max. Goal

61%

Likelihood of Max
extremely
Avg. Daily Raise

$16,867

Momentum
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Location

Boone, North Carolina

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

Life Style

Appalachian FC, with a valuation of $2.5 million, is raising funds on Wefunder. The legendary football club is a community club for soccer lovers. It is in a massive growth stage leading up to the 2026 World Cup and is led by an experienced ownership and management team. The inaugural season of Appalachian FC kicked off in May 2021 and made it to the High Country. Appalachian FC also sells its merchandise and has sold over $150,000 in merchandise since launching in November 2020. Michael Hitchcock and Jason O’Keefe founded Appalachian FC in September 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing, business development, investor fulfillment, and distribution.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$259,316

$114,612

COGS

$9,220

$4,359

Tax

$5,352

$590

 

 

Net Income

$29,141

$54,966

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$84,107

$54,965

Accounts Receivable

$0

$0

Total Assets

$84,107

$54,965

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 01/10/2022
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Appalachian FC on Wefunder 2022
$
Platform: Wefunder
Security Type: Equity - Common
Valuation: $2,500,000

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