Franchise123
Early Stage
Franchises
Overview
Year Founded
2022
Industry
Business Services, Software, & Applications
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
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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