Aydins Jewelry

Aydins Jewelry

[Closed for Investment] Aydins Jewelry is raising funds on Honeycomb. It is a jewelry business in Dallas, Texas, that specializes in men’s and women’s wedding bands, laser-engraved jewelry, and memorial jewelry. Aydins Jewelry is focused on meaningful and personalized pieces and crafts jewelry using durable materials like tungsten, titanium, and stainless steel. The business offers over 900 unique style combinations through its interconvertible ring designs and allows customers to mix and match exterior and interior bands. Amir Lakhani founded Aydins Jewelry in May 2011. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $60,000. The campaign proceeds will be used to refinance high-interest loans.

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Investment Overview

Raised this Round: Raised: $2,350

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
10/10/2024
Close Date
12/04/2024
Min. Goal
$30,000
Max. Goal
$60,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

14.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2011
Industry
Apparel & Fashion
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Irving, Texas
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Amir Lakhani
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue +6% YoY
$319,482
 Monthly Burn
$8,013
 Cash on Hand
$8,195
Gross Margin
76%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$319,482

$301,178

COGS

$78,232

$0

Tax

$0

$0

 

 

Net Income

$-96,160

$151,646

Summary Balance Sheet

FY 2023 FY 2022

Cash

$8,195

$16,346

Accounts Receivable

$0

$0

Total Assets

$8,195

$16,346

Short-Term Debt

$18,492

$10,483

Long-Term Debt

$0

$0

Total Liabilities

$18,492

$10,483

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/04/2024 Honeycomb - $2,350 Debt Not Funded RegCF
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Aydins Jewelry on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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