Bold Skin Babe

Bold Skin Babe

Closed: Aug. 2023

About this raise

Bold Skin Babe is raising funds on MainVest. The skincare company is based in Boston, Massachusetts, and provides body and skin services to people of all colors. Bold Skin Babe also offers salon services and is the only black and brown spa dedicated to melanin people. The business has over 300 clients at its two locations and plans to open the third location soon. Akou Diabakhated founded Bold Skin Babe in January 2021. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $124,000. The campaign proceeds will be used for opening the third location, space buildout, and operating capital.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
MainVest
Start Date
07/19/2023
Close Date
09/01/2023
Min. Goal
$75,000
Max Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2021
Industry
Beauty & Personal Care
Tech Sector
Non-Tech
Location
BOSTON, Massachusetts
Company Website
Visit Website

Team

Employees
1

Funding data not publicly available

Financials

 Revenue
$0
as of FY2022
 Cash on Hand
$15,572
as of FY2022
 Gross Margin
81%
as of FY2022

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$391,988

$665,012

COGS

$73,698

$311,940

Tax

$0

$0

 

 

Net Income

$35,059

$-4,567

Summary Balance Sheet

FY 2022 FY 2021

Cash

$15,572

$19,938

Accounts Receivable

$0

$0

Total Assets

$83,072

$92,438

Short-Term Debt

$13,678

$3,735

Long-Term Debt

$46,382

$95,902

Total Liabilities

$60,060

$99,637

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/01/2023 MainVest - $0 Revenue Share Not Funded RegCF
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Bold Skin Babe on MainVest 2023
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Bold Skin Babe may no longer be accepting investments.

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