Sage Elizabeth Waxing

Sage Elizabeth Waxing

Salon

Salon

Overview

Raised to Date: Raised: $7,700

Total Commitments ($USD)

Platform

Honeycomb

Start Date

12/27/2023

Close Date

01/24/2024

Min. Goal
$30,000
Max. Goal
$40,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.25%

Term Length

3.0 years

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

01/25/2024

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$275

# of Investors

15

Momentum
Not Funded
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Year Founded

2021

Industry

Beauty & Personal Care

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Fullerton, California

Business Type

Life Style

Sage Elizabeth Waxing is raising funds on Honeycomb. It is a professional waxing services business in Fullerton, California. The business provides comfortable and effective hair removal services for women and enhances their confidence and well-being. The business has garnered acclaim on Yelp for its skilled waxing techniques and client satisfaction and has tripled its client base through marketing strategies and word-of-mouth referrals. Sage Tollast founded Sage Elizabeth Waxing in May 2021. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $40,000. The campaign proceeds will be used for the construction of new space, salon beds, tables and chairs, salon sinks, cafe supplies, daycare supplies, mirrors, decor, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$64,249

$0

COGS

$4,455

$0

Tax

$0

$0

 

 

Net Income

$46,852

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$12,747

$0

Accounts Receivable

$0

$0

Total Assets

$14,547

$0

Short-Term Debt

$241

$0

Long-Term Debt

$0

$0

Total Liabilities

$241

$0

Financials as of: 12/27/2023
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Sage Elizabeth Waxing on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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