Franchise123

Franchise123

Early Stage

Franchises

Franchises

Overview

Funding data not publicly available
Platform

Title3Funds

Start Date

11/21/2023

Close Date

10/01/2024

Min. Goal
$10,000
Max. Goal
$1,235,000
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.18

Pre-Money Valuation

$25,000,000

Year Founded

2022

Industry

Business Services, Software, & Applications

Tech Sector

MarketplaceTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Tampa, Florida

Business Type

Growth

Franchise123, with a valuation of $25 million, is raising funds on Title3Funds. The company has developed a platform that provides a large amount of franchisor information. Franchise123 helps franchisees identify their path to success, research, compare their franchise opportunities, and make an informed decision. The platform answers all the possible questions about franchising with its deep amount of research and allows franchisees to understand the landscape of opportunity. James St. Louis founded Franchise123 in April 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, research and development, debt repayment, and general working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$657,518

$0

Tax

$800

$0

 

 

Net Income

$-644,564

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$10,727

$0

Accounts Receivable

$0

$0

Total Assets

$521,917

$0

Short-Term Debt

$5,320

$0

Long-Term Debt

$325,706

$0

Total Liabilities

$331,026

$0

Financials as of: 11/21/2023
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Franchise123 on Title3Funds 2023
Platform: Title3Funds
Security Type: Equity - Common
Valuation: $25,000,000
Price per Share: $2.18

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