Hook & Irons Golf and Social Lounge (2022)

Hook & Irons Golf and Social Lounge (2022)

Closed: Aug. 2022

About this raise

Hook & Irons Golf and Social Lounge is raising funds on MainVest. It is an upcoming golf simulator and lounge in Pennsville, New Jersey. The bar and lounge will be a great destination for friend groups, date nights, parties, and corporate events and let people experience a friendly and relaxed environment. Hook & Irons Golf and Social Lounge will also offer a multi-sports package and show any televised event on local cable. Fred Ayars and Johnny Maxwell III founded Hook & Irons Golf and Social Lounge in July 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $150,000. The campaign proceeds will be used for interest payments during construction.

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Investment Overview

Invested this round: $56,400

Deal Terms

Total Commitments

Platform
MainVest
Start Date
08/01/2022
Close Date
08/26/2022
Min. Goal
$50,000
Max Goal
$150,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Location
Salem, New Jersey
Company Website
Visit Website

Team

Financials

 Revenue
$0
 Monthly Burn
$5,824
 Runway
0.5 months
View Detailed Financials Expand

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-69,884

$-125,201

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$3,106

$35,088

Accounts Receivable

$0

$0

Total Assets

$398,150

$438,034

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/24/2023 MainVest - $50,000 Revenue Share Funded RegCF
08/26/2022 MainVest - $56,400 Revenue Share Funded RegCF
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Growth Charts

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

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Hook & Irons Golf and Social Lounge on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Hook & Irons Golf and Social Lounge may no longer be accepting investments.

Hook & Irons Golf and Social Lounge Deal Report

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