Open Box Buy

Early Stage

Discount Retail Store

Analytics

Raised to Date: Raised: $184,865

Aggregate Commitments $

Platform

StartEngine

Start Date

01/15/2019

Close Date

12/30/2020

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$250

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$15,000,000

Discount Rate

20%

Rolling Commitments $

Status
Funded
Reporting Date

01/03/2021

Days Remaining
Funded
% of Min. Goal

1,849%

% of Max. Goal

17%

Likelihood of Max
Funded
Avg. Daily Raise

$259

# of Investors

402

Momentum
Funded
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Location

Henderson, Nevada

Industry

Retail Shops & Department Stores

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

"We are excited to introduce OPEN BOX BUY (OBB), which is to our knowledge, the first ever deep-discount retail store that specializes in big-name brand and open box consumer electronics, as well as large and small appliances, video games; housewares; toys; sporting goods; tools; BBQ; outdoor, patio, and small furnishings. If you are looking for hard goods and consumer durables for your office or home, at a price that cannot beat, then Open Box Buy is the solution!"

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-45,989

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,407

$0

Accounts Receivable

$0

$0

Total Assets

$465,907

$0

Short-Term Debt

$48,396

$0

Long-Term Debt

$0

$0

Total Liabilities

$48,396

$0

Financials as of: 01/15/2019
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Open Box Buy on StartEngine
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Platform: StartEngine
Security Type: Convertible Note
Valuation: $15,000,000

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