Kornr Store

Kornr Store

Small scale development

Small scale development

Overview

Raised to Date: Raised: $43,000

Total Commitments ($USD)

Platform

Small Change

Start Date

05/29/2022

Close Date

09/30/2022

Min. Goal
$25,000
Max. Goal
$200,000
Min. Investment

$500

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

8.00%

Term Length

5.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/01/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$350

# of Investors

23

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2018

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Redford, Michigan

Business Type

Life Style

Kornr Store is raising funds on Small Change. The business is owned by Purpose8 Real Estate and plans to open at 6224 16th Street, Detroit. The building is planned to be renovated into a two-bedroom, one-bathroom residential rental unit with features including a community green space. The first floor of the same building will carry the Kornr Store selling essentials, including coffee, baked goods, personal goods, home goods, and small business products. Brinda Devine founded Kornr Store in December 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $200,000. The campaign proceeds will be used for development costs and renovations.

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

$30,392

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 05/29/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Kornr Store on Small Change 2022
Platform: Small Change
Security Type: Debt

Follow company

Follow Kornr Store on Small Change 2022

Buy Kornr Store's Deal Report

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

Kornr Store Deal Report

Get KingsCrowd’s comprehensive report on Kornr Store including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Kornr Store is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Kornr Store deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge