Flower City Union

Flower City Union

Early Stage

Rochester history in the making, a soccer club offers fans equity ownership

Rochester history in the making, a soccer club offers fans equity ownership

Overview

Raised this Round: Raised: $47,426

Total Commitments ($USD)

Platform

Wefunder

Start Date

06/08/2022

Close Date

03/31/2023

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$150

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.50

Pre-Money Valuation

$2,502,500

Year Founded

2021

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Rochester, New York

Business Type

Life Style

Flower City Union, with a valuation of $2.5 million, is raising funds on Wefunder. It is a professional soccer club for the community and is rooted in the city of Rochester. The professional club is committed to impacting the city positively by fielding a champion-caliber club and supporting the development of youth soccer. The investors or fan owners in Flower City Union will have representation in the governance of the club and receive benefits and special access at every level. James Paola founded Flower City Union in September 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for player and coach salaries, team travel, NISA dues to launch the club, and general administrative expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$21,195

$0

COGS

$528

$0

Tax

$0

$0

 

 

Net Income

$-68,352

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$29,107

$0

Accounts Receivable

$0

$0

Total Assets

$142,734

$0

Short-Term Debt

$1,087

$0

Long-Term Debt

$0

$0

Total Liabilities

$1,087

$0

Financials as of: 06/08/2022
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Flower City Union on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $2,502,500
Price per Share: $2.50

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