Games of Berkeley

Games of Berkeley

Hobby, Toy, And Game Retailers

Hobby, Toy, And Game Retailers

Overview

Raised to Date: Raised: $50,000

Total Commitments ($USD)

Platform

SMBX

Start Date

12/03/2023

Close Date

01/04/2024

Min. Goal
$10,000
Max. Goal
$50,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.00%

Term Length

2.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,613

Momentum
Funded
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Year Founded

1992

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Berkeley, California

Business Type

Growth

Games of Berkeley is raising funds on SMBX. The business sells high-quality and entertaining board games, puzzles, and other games in Berkeley, California. Games of Berkeley provides excellent tailored recommendations to the community members and offers a curated shopping experience. The offerings of Games of Berkeley include 18,000 games and novelties for every age group and include role-playing games, board games, and puzzles. Erik Bigglestone founded Games of Berkeley in January 1992. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $40,000. The campaign proceeds will be used for equipment and infrastructure expansion.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$1,980,940

$1,923,787

COGS

$1,053,160

$897,589

Tax

$0

$0

 

 

Net Income

$-192,082

$111,692

Summary Balance Sheet

FY 2022 FY 2021

Cash

$155,299

$176,730

Accounts Receivable

$0

$0

Total Assets

$770,772

$670,247

Short-Term Debt

$207,558

$192,409

Long-Term Debt

$1,027,284

$710,323

Total Liabilities

$1,234,842

$902,732

Financials as of: 12/03/2023
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Games of Berkeley on SMBX 2023
Platform: SMBX
Security Type: Debt

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Warning: according to the close date for this deal, Games of Berkeley may no longer be accepting investments.

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