Party on Butler

Party on Butler

Events

Events

Overview

Raised to Date: Raised: $30,525

Total Commitments ($USD)

Platform

Honeycomb

Start Date

07/26/2022

Close Date

08/30/2022

Min. Goal
$25,000
Max. Goal
$72,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

5.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/03/2022

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

$898

# of Investors

38

Momentum
Funded
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Year Founded

2020

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Pittsburgh, Pennsylvania

Business Type

Life Style

Party on Butler is raising funds on Honeycomb. It is a boutique party store in Pittsburgh, Pennsylvania. The business provides balloon and event decor and sells bespoke party supplies for all party needs. Party on Butler organizes parties and events, including birthday parties and corporate events. The business is planning to open a new location on Butler Street in Lawrenceville, which will include photo opportunities and a maker space to plan the events. Melinda Durham founded Party on Butler in August 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $72,000. The campaign proceeds will be used for merchandising, marketing, van wrap, and debt consolidation.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$55,898

$0

COGS

$17,823

$0

Tax

$0

$0

 

 

Net Income

$12,620

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$4,296

$0

Accounts Receivable

$2,151

$0

Total Assets

$6,472

$0

Short-Term Debt

$3,766

$0

Long-Term Debt

$0

$0

Total Liabilities

$3,766

$0

Financials as of: 07/26/2022
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Party on Butler on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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