Eunoia

Eunoia

Beauty Salons

Beauty Salons

Overview

Raised to Date: Raised: $25,000

Total Commitments ($USD)

Platform

SMBX

Start Date

12/03/2023

Close Date

01/09/2024

Min. Goal
$10,000
Max. Goal
$25,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.00%

Term Length

2.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$694

Momentum
Funded
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Year Founded

2020

Industry

Beauty & Personal Care

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Lawrenceville, New Jersey

Business Type

Life Style

Eunoia is raising funds on SMBX. It is a beauty salon in Lawrenceville, New Jersey, that celebrates the individuality and diversity of its customers. Eunoia provides a place for people to unwind, express themselves, get a haircut, get a new look, and leave feeling very confident. The salon is inclusive, catering to all cultures and genders, and provides a comfortable and nurturing environment for all customers. Brittani White founded Eunoia in October 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $25,000. The campaign proceeds will be used for new equipment, advertising, training, and refinancing debt.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$74,875

$119,814

COGS

$10,768

$5,311

Tax

$0

$0

 

 

Net Income

$-1,657

$-2,778

Summary Balance Sheet

FY 2022 FY 2021

Cash

$625

$4,308

Accounts Receivable

$-640

$-640

Total Assets

$9,099

$8,133

Short-Term Debt

$1,412

$200

Long-Term Debt

$2,000

$0

Total Liabilities

$3,412

$200

Financials as of: 12/03/2023
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Eunoia on SMBX 2023
Platform: SMBX
Security Type: Debt

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