Game Nite

Game Nite

Closed: Nov. 2022

About this raise

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.

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Investment Overview

Invested this round: $46,300

Deal Terms

Total Commitments

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

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

5.0 years

Company & Team

Company

Year Founded
2015
Industry
Retail Shops & Department Stores
Tech Sector
Non-Tech
Distribution Model
Margin
Medium
Capital Intensity
High
Location
Saint Louis, Missouri
Business Type
Life Style
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Walker FitzRoy
Title
Principal Owner

Financials

 Revenue +57% YoY
$488,536
 Monthly Burn
Profitable
 Cash on Hand
$214
 Gross Margin
44%

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/14/2022 Honeycomb - $46,300 Debt Funded RegCF
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Add to portfolio
Game Nite on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, Game Nite may no longer be accepting investments.

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