Hard Training Club

Hard Training Club

Combat Fitness

Combat Fitness

Overview

Raised to Date: Raised: $6,350

Total Commitments ($USD)

Platform

Honeycomb

Start Date

03/19/2024

Close Date

04/17/2024

Min. Goal
$25,000
Max. Goal
$30,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.50%

Term Length

3.0 years

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

2

% of Min. Goal

25%

% of Max. Goal

21%

Likelihood of Max
unlikely
Avg. Daily Raise

$235

# of Investors

15

Momentum
hot.svg
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2011

Industry

Fitness & Wellness

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Washington, District of Columbia

Business Type

Life Style

Hard Training Fitness Club is raising funds on Honeycomb. It is a community-based fitness facility in Washington, DC. Hard Training Fitness Club is focused on combat fitness and aims to unify people through physical well-being and self-protection skills. The fitness club has showcased its trainers at Ebony Fit Weekend events in Houston, Dallas, and Atlanta and has been featured on Spot Light Over The City, Fox 5, and WMPR. Terrence Mann founded Hard Training Fitness Club in December 2011. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $30,000. The campaign proceeds will be used for equipment and events.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$93,922

$87,512

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$17,362

$-30,652

Summary Balance Sheet

FY 2023 FY 2022

Cash

$11

$286

Accounts Receivable

$1,947

$0

Total Assets

$1,958

$286

Short-Term Debt

$3,366

$47,753

Long-Term Debt

$0

$0

Total Liabilities

$3,366

$47,753

Financials as of: 03/19/2024
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Hard Training Club 04/17/2024 Honeycomb - $6,350 Debt Active RegCF
Hard Training Club 10/29/2023 SMBX - $25,590 Debt Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Hard Training Fitness Club on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

Follow company

Follow Hard Training Fitness Club on Honeycomb 2024

Buy Hard Training Club's Deal Report

Hard Training Club Deal Report

Get KingsCrowd’s comprehensive report on Hard Training Club including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Hard Training Club is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Hard Training Club deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge