Inergy Nightclub

Inergy Nightclub

[Closed for Investment] Inergy Nightclub is raising funds on Honeycomb. It is an upcoming go-to nightclub for the LGBTQ+ community in Chicago, Illinois. Inergy Nightclub will be a restaurant and an event space that brings people together for celebrations and empowers them through educational programs, like startup guidance and financial literacy workshops. Chris Araiza founded Inergy Nightclub in May 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for decor, sofas, tables, chairs, stools, and audio and video equipment.

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Investment Overview

Raised this Round: Raised: $25,900

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
09/24/2024
Close Date
10/31/2024
Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.75%

Term Length

3.0 years

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Chicago, Illinois
Business Type
Life Style
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Christopher Araiza
Title
President

Financials

as of Fiscal Year 2023
 Revenue +982% YoY
$20,121
 Monthly Burn
$7,104
 Runway
24+ months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$20,121

$1,860

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-85,249

$-56,127

Summary Balance Sheet

FY 2023 FY 2022

Cash

$356,066

$350,476

Accounts Receivable

$0

$0

Total Assets

$2,556,066

$2,550,476

Short-Term Debt

$-2,344

$0

Long-Term Debt

$450,000

$450,000

Total Liabilities

$447,656

$450,000

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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
10/31/2024 Honeycomb - $25,900 Debt Funded RegCF
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Inergy Nightclub on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, Inergy Nightclub may no longer be accepting investments.

Inergy Nightclub Deal Report

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