Boardwalk Hospitality

Boardwalk Hospitality

The 1st Ben & Jerry's on the world's most popular beach

The 1st Ben & Jerry's on the world's most popular beach

Overview

Raised to Date: Raised: $500,000

Platform

Wefunder

Start Date

07/25/2017

Close Date

11/20/2017

Min. Goal
$100,000
Max. Goal
$500,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

14.00%

Year Founded

2017

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Location

Las Vegas, Nevada

Boardwalk Hospitality is raising funds on Wefunder. The company owns and operates a franchise of Ben & Jerry’s scoop shop on the Venice Beach boardwalk in Los Angeles, California. Boardwalk Hospitality aims to generate revenue by selling ice cream, smoothies, beverages, and souvenirs to visitors to the boardwalk and adding a party catering service featuring Ben & Jerry’s products. Ben & Jerry’s headquarters have already designed the upcoming store and the lease for the property and equipment have already been secured. Mike Meader and Klaus Moeller founded Boardwalk Hospitality in April 2017. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $500,000. The campaign proceeds will be used for the payment of security deposit and rent, equipment, inventory, labor, marketing, and working capital.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-7,919

$0

Summary Balance Sheet

FY 2016 FY 2015

Cash

$111,591

$0

Accounts Receivable

$0

$0

Total Assets

$202,207

$0

Short-Term Debt

$6,126

$0

Long-Term Debt

$202,000

$0

Total Liabilities

$208,126

$0

Financials as of: 07/25/2017
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Boardwalk Hospitality on Wefunder 2017
Platform: Wefunder
Security Type: Debt

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