J & J House of Skills
Fitness
Overview
Raised: $26,300
Total Commitments ($USD)
Platform
Honeycomb
Start Date
10/09/2022
Close Date
11/30/2022
Min. Goal
$25,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Debt
Payment Schedule
Monthly
SEC Filing Type
RegCF
Interest Rate
11.25%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/03/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
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
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: 10/09/2022
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