Ciel Creative Space

Ciel Creative Space

Commercial Rental Venue

Commercial Rental Venue

Overview

Raised this Round: Raised: $11,780

Total Commitments ($USD)

Platform

SMBX

Start Date

06/02/2024

Close Date

08/06/2024

Min. Goal
$10,000
Max. Goal
$400,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.75%

Term Length

5.0 years

Year Founded

2018

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Location

Berkeley, California

Business Type

Life Style

Ciel Creative Space is raising funds on SMBX. It is an award-winning multi-studio venue in Berkeley, California. Ciel Creative Space houses professionals from the fashion, music, art, and tech local and global realms and is at the forefront of the creative industry. The space enables creators to streamline their creative process under one roof and empowers clients through a studio experience and an inspiring environment. Cecilia Caparas Apelin and Alexis Laurent founded Ciel Creative Space in June 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $400,000. The campaign proceeds will be used for financial review, staffing, and expansion of the brick-and-mortar location.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$2,336,583

$2,218,628

COGS

$5,044

$0

Tax

$0

$0

 

 

Net Income

$-264,364

$187,952

Summary Balance Sheet

FY 2023 FY 2022

Cash

$317,463

$242,796

Accounts Receivable

$54,012

$79,018

Total Assets

$1,614,390

$1,823,762

Short-Term Debt

$330,679

$493,967

Long-Term Debt

$931,227

$510,581

Total Liabilities

$1,261,906

$1,004,548

Financials as of: 06/02/2024
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Ciel Creative Space on SMBX 2024
Platform: SMBX
Security Type: Debt

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