Mayes NYC

Early Stage

Clothing

Analytics

Raised to Date: Raised: $4,550

Aggregate Commitments $

Platform

Honeycomb

Start Date

10/13/2022

Close Date

12/09/2022

Min. Goal

$25,000

Max. Goal

$75,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Rolling Commitments $

Status

Active

Reporting Date

11/30/2022

Days Remaining

9

% of Min. Goal

18%

% of Max. Goal

6%

Likelihood of Max
unlikely
Avg. Daily Raise

$95

# of Investors

11

Momentum
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Location

New York, New York

Industry

Apparel & Fashion

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Business Type

Growth

Mayes NYC is raising funds on Honeycomb. The company designs sustainable luxury clothing for all women, irrespective of their size. The clothes of Mayes NYC fit women sized 10-28 and help plus-sized women look fun and fashionable and feel confident and sophisticated. The Mayes NYC clothing is made in the US ethically and using sustainable fabric. Brandy Wykes founded Mayes NYC in March 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used to strengthen the inventory for adding three new relators- Saks Fifth Avenue, Neimus Marcus, and Nordstrom.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$12,264

$0

COGS

$3,350

$0

Tax

$0

$0

 

 

Net Income

$-44,885

$-34,864

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$3,276

$4,906

Accounts Receivable

$0

$0

Total Assets

$188,173

$127,747

Short-Term Debt

$24,571

$0

Long-Term Debt

$0

$0

Total Liabilities

$24,571

$0

Financials as of: 10/13/2022
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Mayes NYC on Honeycomb 2022
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Platform: Honeycomb
Security Type: Debt

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