J & J House of Skills

Fitness

Overview

Raised to Date: Raised: $26,300

Total Commitments ($USD)

Platform

Honeycomb

Start Date

10/10/2022

Close Date

11/30/2022

Min. Goal

$25,000

Max. Goal

$124,000

Min. Investment

$100

Security Type

Debt

Payment Schedule

Monthly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

5.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/04/2022

Days Remaining
Funded
% of Min. Goal

105%

% of Max. Goal

21%

Likelihood of Max
Funded
Avg. Daily Raise

$516

# of Investors

21

Momentum
Funded
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Year Founded

2021

Industry

Fitness & Wellness

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Atlanta, Georgia

Business Type

Life Style

J & J House of Skills is raising funds on Honeycomb. The company provides high-quality basketball equipment and training to all athletes regardless of their zip codes. The business offers mobile training sessions and brings the court to its clients using a truck and trailer. J & J House of Skills has the capacity to train the athletes wherever they want, including their driveways, the beach, or the court. Jordan Johnson and Jamal Wilson founded J & J House of Skills in September 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for flooring, warehouses, staffing, gym equipment, and a UHaul truck.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 10/10/2022
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J & J House of Skills on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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