LoveHER Retreats
Health and Wellness
Overview
Raised: $7,150
Total Commitments ($USD)
Platform
Honeycomb
Start Date
03/18/2024
Close Date
05/03/2024
Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
13.50%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Active
Reporting Date
04/27/2024
Days Remaining
5
% of Min. Goal
29%
% of Max. Goal
14%
Likelihood of Max
Avg. Daily Raise
$179
# of Investors
16
Momentum
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Year Founded
2019
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
LoveHER Retreats is raising funds on Honeycomb. The company offers transformative wellness retreat experiences in Houston, Texas. LoveHER Retreats’ offerings include wellness practices like yoga, meditation, health-focused workshops, and sound therapy. The business has partnerships with several wellness practitioners and organizations and brings a variety of healing modalities and insights into its retreat offerings. Raquel Nweze founded LoveHER Retreats in January 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 hiring staff, marketing, and professional support.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$192,091 |
$53,384 |
|
COGS |
$0 |
$3,793 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$889 |
$-12,510 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$10,766 |
$11,001 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$10,766 |
$11,001 |
|
Short-Term Debt |
$4,444 |
$7,730 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$4,444 |
$7,730 |
Financials as of: 03/18/2024
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