Aspire Wellness
Health and Wellness
Overview
Raised: $25,250
Total Commitments ($USD)
Platform
Honeycomb
Start Date
11/20/2023
Close Date
01/13/2024
Min. Goal
$25,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
12.75%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/30/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$476
# of Investors
21
Momentum
Funded
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Year Founded
2017
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Aspire Wellness is raising funds on Honeycomb. It is an upcoming full-service membership-based wellness center in Royersford, Pennsylvania. Aspire Wellness will specialize in facials, stretching, acupuncture, yoga classes, massage services, manicure/pedicures, and waxing services. The founder of Aspire Wellness has been a professional therapist for decades and has received several certifications in therapies and massages. Edward Donato founded Aspire Wellness in January 2017. The current crowdfunding campaign has a minimum target of $45,000 and a maximum target of $90,000. The campaign proceeds will be used to purchase equipment and build out the wellness center.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$28,840 |
$38,153 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$8,733 |
$19,385 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$17,856 |
$17,856 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$18,355 |
$18,355 |
|
Short-Term Debt |
$18,712 |
$10,087 |
|
Long-Term Debt |
$14,600 |
$14,600 |
|
Total Liabilities |
$33,312 |
$24,687 |
Financials as of: 11/20/2023
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