Gemz and Boardz
[Closed for Investment] Gemz and Boardz is raising funds on Honeycomb. It is a crystal and skateboard shop in Chicago, Illinois. Gemz and Boardz sells high-quality and unique crystals, gemstones, and skateboards and offers exceptional customer experiences. Gemz and Boardz now plans to expand its business and add a cafe to attract more customers and increase the duration of their visits. Alberto Abarca and Leslie Garcia founded Gemz and Boardz in September 2019. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $80,000. The campaign proceeds will be used for the construction of the retail space, plumbing and architecture of the cafe, counter seating, inventory for crystals and skateboards, bathroom remodel, bills catch up, and cafe patio.
Investment Overview
Raised: $26,301
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +16% YoY
- $97,976
- Monthly Burn
- Profitable
- Cash on Hand
- $0
- Gross Margin
- 71%
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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 |
---|---|---|---|---|---|---|
02/01/2024 | Honeycomb | - | $26,301 | Debt | Funded | RegCF |