Hook & Irons Golf and Social Lounge

Hook & Irons Golf and Social Lounge

Bar and Lounge

Bar and Lounge

Overview

Raised this Round: Raised: $50,000

Total Commitments ($USD)

Platform

MainVest

Start Date

02/07/2023

Close Date

03/24/2023

Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.40X

Rev. Share %

2.00%

Year Founded

2019

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Salem, New Jersey

Business Type

Life Style

Hook & Irons Golf and Social Lounge is raising funds on MainVest. It is an upcoming bar and lounge in Pennsville, New Jersey. The bar and lounge will serve as a golf simulator and entertainment venue for corporate outings, friend groups, date nights, and parties. Hook & Irons Golf and Social Lounge is strategically located and aims to become the go-to place for people of all age groups. 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 $25,000 and a maximum target of $50,000. The campaign proceeds will be used for interest payments during construction.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-69,884

$-125,102

Summary Balance Sheet

FY 2021 FY 2020

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

Financials as of: 02/07/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Hook & Irons Golf and Social Lounge 03/23/2023 MainVest - $50,000 Revenue Share Funded RegCF
Hook & Irons Golf and Social Lounge 08/25/2022 MainVest - $56,400 Revenue Share Funded RegCF
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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 2023
Platform: MainVest
Security Type: Revenue Share

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