Nap Bar

Nap Bar

Fighting Sleep Deprivation

Fighting Sleep Deprivation

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/12/2024

Close Date

09/30/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rev. Share %

3.00%

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/22/2024

Days Remaining

130

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
cold.svg
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Year Founded

2019

Industry

Travel and Hospitality

Tech Sector

Non-Tech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

High

Location

Houston, Texas

Business Type

Growth

Nap Bar is raising funds on Wefunder. The company makes eco-friendly luxury rest places for exhausted travelers and airport staff. Nap Bar aims to solve the sleep deprivation epidemic, one nap at a time, by offering business travelers, leisure travelers, TSA agents, airport crew, and flight teams a place to rest. The business has secured a 10-year contract at George Bush Intercontinental Airport in Houston, Texas, and has curated over 10,000 rest experiences globally. Khaliah O. Guillory founded Nap Bar in January 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for the buildout costs.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$61,696

$23,344

COGS

$5,800

$2,044

Tax

$400

$430

 

 

Net Income

$-11,081

$-34,911

Summary Balance Sheet

FY 2023 FY 2022

Cash

$2,679

$-18

Accounts Receivable

$0

$0

Total Assets

$72,205

$26,008

Short-Term Debt

$35,027

$27,721

Long-Term Debt

$0

$0

Total Liabilities

$35,027

$27,721

Financials as of: 05/12/2024
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Nap Bar on Wefunder 2024
Platform: Wefunder
Security Type: Revenue Share

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