Hammer & Nails Willow Glen

Hammer & Nails Willow Glen

Open  for investment

About this raise: Hammer & Nails Willow Glen is raising funds on SMBX. The barber shop is based in San Jose, California, and provides men’s barber and nail services. Hammer & Nails Willow Glen offers a premium grooming experience and serves as a high-end man cave where men can get self-care and grooming services in a relaxing and appealing environment. The business offers affordable luxury and also provides VIP and classic membership clubs for recurring services. Jim Glueck founded Hammer & Nails Willow Glen in December 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $124,000. The campaign proceeds will be used to refinance an existing high-interest loan.

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Investment Overview

Committed this round: $11,700

Deal Terms

Total Commitments ($USD)

Platform
SMBX
Start Date
12/13/2024
Close Date
01/23/2025
Min. Goal
$10,000
Max. Goal
$124,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.50%

Term Length

3.0 years

Company & Team

Company

Year Founded
2018
Industry
Beauty & Personal Care
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
San Jose, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
12
Prior Founder Exits?
No
Founder Name
James Glueck
Title
Owner and President

Financials

as of Fiscal Year 2023
 Revenue -6.8% YoY
$682,740
 Monthly Burn
$6,851
 Runway
4.5 months
Gross Margin
60%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$682,740

$732,353

COGS

$276,182

$95,376

Tax

$0

$0

 

 

Net Income

$-82,211

$-165,255

Summary Balance Sheet

FY 2023 FY 2022

Cash

$30,584

$26,599

Accounts Receivable

$0

$0

Total Assets

$99,171

$140,169

Short-Term Debt

$369,737

$435,934

Long-Term Debt

$325,311

$217,900

Total Liabilities

$695,048

$653,834

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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
01/23/2025 SMBX - $11,700 Debt Active RegCF
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Hammer & Nails Willow Glen on SMBX 2024
Platform: SMBX
Security Type: Debt

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