Game Nite

Retail Shop

Overview

Raised to Date: Raised: $46,300

Total Commitments ($USD)

Platform

Honeycomb

Start Date

10/03/2022

Close Date

11/14/2022

Min. Goal

$25,000

Max. Goal

$100,000

Min. Investment

$100

Security Type

Debt

Payment Schedule

Quarterly

Funding Type

RegCF

Interest Rate

11.25%

Term Length

5.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/30/2022

Days Remaining
Funded
% of Min. Goal

185%

% of Max. Goal

46%

Likelihood of Max
Funded
Avg. Daily Raise

$1,102

# of Investors

51

Momentum
Funded
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Location

Saint Louis, Missouri

Industry

Retail Shops & Department Stores

Tech Sector

Non-Tech

Distribution Model

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Game Nite is raising funds on Honeycomb. It is a game store in San Louis, Missouri, offering board games, roleplaying games, card games, and tabletop miniature games. Additionally, the shop also hosts tournaments and game nights in its play area and plans to offer beer and wine soon. Game Nite is more a community than a retail shop where people can be themselves and play the games they love. Walker FitzRoy founded Game Nite in August 2015. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for inventory, a liquor license, equipment, paying off liabilities, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$488,536

$310,939

COGS

$274,922

$250,058

Tax

$0

$0

 

 

Net Income

$42,779

$-65,693

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$214

$13,640

Accounts Receivable

$0

$0

Total Assets

$136,508

$85,574

Short-Term Debt

$0

$0

Long-Term Debt

$132,617

$150,860

Total Liabilities

$132,617

$150,860

Financials as of: 10/03/2022
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Game Nite on Honeycomb 2022
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Platform: Honeycomb
Security Type: Debt

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