MBZ Parts

Early Stage
Transforming the Classic Mercedes Parts Industry
Overview
Raised: $77,544
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
38
% of Min. Goal
155%
% of Max. Goal
26%
Likelihood of Max
Avg. Daily Raise
$3,525
# of Investors
82
Momentum
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Year Founded
2020
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
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
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$21,646 |
$0 |
COGS |
$14,010 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-419,191 |
$-23,140 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
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: 03/01/2023
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