Demarco Training

Demarco Training

[Closed for Investment] DeMarco Training is raising funds on SMBX. The fitness center is based in Hamilton, New Jersey, and designs programs to improve athletes’ performance and reduce the risk of injury. DeMarco Training implements comprehensive individual programs focused on training to improve the speed and movement of athletes. The business has trained 17 state championship teams in New Jersey and produced thousands of scholarship athletes. Joseph DeMarco founded DeMarco Training in January 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $40,000. The campaign proceeds will be used for working capital, marketing, and facility improvements.

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Investment Overview

Raised this Round: Raised: $40,000

Deal Terms

Total Commitments ($USD)

Platform
SMBX
Start Date
09/12/2024
Close Date
10/15/2024
Min. Goal
$10,000
Max. Goal
$40,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

2.0 years

Company & Team

Company

Year Founded
2021
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Location
Hamilton, New Jersey
Business Type
Life Style
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Joseph Demarco
Title
Managing Member

Financials

as of Fiscal Year 2023
 Revenue +23% YoY
$262,060
 Monthly Burn
Profitable
 Cash on Hand
$24,248

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$262,060

$212,504

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$60,981

$43,094

Summary Balance Sheet

FY 2023 FY 2022

Cash

$24,248

$26,511

Accounts Receivable

$0

$0

Total Assets

$27,740

$54,578

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/15/2024 SMBX - $40,000 Debt Funded RegCF
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Add to portfolio
DeMarco Training on SMBX 2024
Platform: SMBX
Security Type: Debt

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