MBZ Parts

MBZ Parts

Early Stage

Transforming the Classic Mercedes Parts Industry

Transforming the Classic Mercedes Parts Industry

Overview

Raised to Date: Raised: $61,404

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/28/2023

Close Date

04/30/2023

Min. Goal
$50,002
Max. Goal
$299,999
Min. Investment

$200

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.50

Early Bird Valuation

$2,821,500

Pre-Money Valuation

$2,939,062

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2023

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

$1,023

# of Investors

42

Momentum
Funded
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Year Founded

2020

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

San Bernardino, California

Business Type

Growth

MBZ Parts, with a valuation of $2.9 million, is raising funds on Wefunder. The company specializes in Classic Mercedes parts and is transforming the Mercedes parts industry. The business sells used, new, and rebuilt parts for all Classic Mercedes-Benz models and allows customers to choose from a list of products. MBZ Parts has a secure and diverse supply chain with $2 million worth of inventory and a passionate customer base of more than 13,000 newsletter subscribers. Sheila Heaney founded MBZ Parts in October 2020. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $299,999. The campaign proceeds will be used for debt consolidation for inventory moving costs.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$21,646

$0

COGS

$14,010

$0

Tax

$0

$0

 

 

Net Income

$-419,191

$-23,140

Summary Balance Sheet

FY 2021 FY 2020

Cash

$12,205

$0

Accounts Receivable

$13,232

$0

Total Assets

$50,947

$15,000

Short-Term Debt

$361,715

$38,140

Long-Term Debt

$31,562

$0

Total Liabilities

$393,277

$38,140

Financials as of: 02/28/2023
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MBZ Parts on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $2,939,062
Price per Share: $2.50

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