Besse Custom Creations
Print Shop
Overview
Raised: $100
Total Commitments ($USD)
Platform
Honeycomb
Start Date
02/22/2023
Close Date
03/24/2023
Min. Goal
$25,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Interest Rate
11.00%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/24/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$3
# of Investors
1
Momentum
Not Funded
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Year Founded
2022
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
High
Besse Custom Creations is raising funds on Honeycomb. It is a custom print shop in New Bedford, Massachusetts, specializing in apparel and hard goods. The offerings of Besse Custom Creations include custom-printed mugs, signs, plaques, clocks, shirts, sweatpants, hoodies, hats, and socks. The business accepts both bulk and individual orders and works with its customers from idea conception to completed print product. Ron Besse founded Besse Custom Creations in January 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for a new embroidery machine and inventory.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$131,004 |
$0 |
|
COGS |
$45,890 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$50,059 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$4,544 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$60,084 |
$0 |
|
Short-Term Debt |
$32,963 |
$0 |
|
Long-Term Debt |
$24,557 |
$0 |
|
Total Liabilities |
$57,520 |
$0 |
Financials as of: 02/22/2023
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