Pajama Factory

Pajama Factory

No pajamas here. Just 300,000 s.f. of diverse and creative space.

No pajamas here. Just 300,000 s.f. of diverse and creative space.

Overview

Raised this Round: Raised: $160,000

Total Commitments ($USD)

Platform

Small Change

Start Date

01/07/2024

Close Date

04/30/2024

Min. Goal
$150,000
Max. Goal
$1,200,000
Min. Investment

$1,000

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

8.00%

Year Founded

2007

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Capital Intensity

High

Location

Williamsport, Pennsylvania

Business Type

Life Style

Pajama Factory is raising funds on Small Change. It is a complex of eight historic buildings being restored into a mixed-use development. Pajama Factory spans 300,000 square feet and is located in the City of Williamsport in Pennsylvania and will be developed into individual spaces for artists’ studios and retail, living, and community-facility spaces. The development is expected to have a huge demand due to its location as it is located close to convenience stores, a park, churches, antique stores, and public bus transportation. Mark Winkelman founded Pajama Factory in June 2007. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $1.2 million. The campaign proceeds will be used for the cost of construction.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$742,656

$836,803

COGS

$745,565

$663,121

Tax

$16,734

$18,534

 

 

Net Income

$-2,909

$173,682

Summary Balance Sheet

FY 2022 FY 2021

Cash

$11,792

$23,264

Accounts Receivable

$20,156

$25,355

Total Assets

$2,071,949

$2,118,384

Short-Term Debt

$1,435,000

$1,414,250

Long-Term Debt

$1,190,779

$1,271,369

Total Liabilities

$2,625,779

$2,685,619

Financials as of: 01/07/2024
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Pajama Factory on Small Change 2024
Platform: Small Change
Security Type: Debt

Follow company

Follow Pajama Factory on Small Change 2024

Buy Pajama Factory's Deal Report

Warning: according to the close date for this deal, Pajama Factory may no longer be accepting investments.

Pajama Factory Deal Report

Get KingsCrowd’s comprehensive report on Pajama Factory including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Pajama Factory is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Pajama Factory deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge