Contempo Aesthetics
HEALTH & BEAUTY SERVICE
Overview
Raised: $0
Total Commitments ($USD)
Platform
MainVest
Start Date
03/31/2020
Close Date
07/01/2020
Min. Goal
$25,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.10X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
07/04/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2015
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Contempo Aesthetics, doing business as Rachel Reyes-Bergano, is raising funds on MainVest. It is a medical aesthetics boutique that provides subtle non-surgical beauty enhancements. Contempo Aesthetics combines medical-grade skincare, natural-looking injectables, and routine skin resurfacing treatments to improve the overall quality of natural beauty. Contempo Aesthetics is owned by Dr. Rachel Reyes-Bergano, a medical practitioner. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $75,000, and the proceeds will be used to bolster the business while waiting out COVID-19. Contempo Aesthetics has strategic partnerships with brands including HydraFacial, Galderma, and Allergan, and has curated the best quality products in the medical aesthetics practice.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$984,796 |
$1,202,663 |
|
COGS |
$0 |
$633,520 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-28,807 |
$-73,839 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$225,099 |
$415,171 |
|
Short-Term Debt |
$29,833 |
$371,017 |
|
Long-Term Debt |
$390,144 |
$327,617 |
|
Total Liabilities |
$419,977 |
$698,634 |
Financials as of: 03/31/2020
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