Game Nite
Retail Shop
Overview
Raised: $46,300
Total Commitments ($USD)
Platform
Honeycomb
Start Date
10/02/2022
Close Date
11/14/2022
Min. Goal
$25,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
Payment Schedule
Quarterly
SEC Filing Type
RegCF
Interest Rate
11.25%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,102
# of Investors
51
Momentum
Funded
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Year Founded
2015
Industry
Retail Shops & Department Stores
Tech Sector
Non-Tech
Distribution Model
Margin
Medium
Capital Intensity
High
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: 10/02/2022
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