Sage Elizabeth Waxing
Salon
Overview
Raised: $7,700
Total Commitments ($USD)
Platform
Honeycomb
Start Date
12/28/2023
Close Date
01/25/2024
Min. Goal
$30,000
Max. Goal
$40,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
12.25%
Term Length
3.0 years
Year Founded
2021
Industry
Beauty & Personal Care
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
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: 12/28/2023
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Sage Elizabeth Waxing | 01/25/2024 | Honeycomb | - | $7,700 | Debt | Not Funded | RegCF |
No prior online funding rounds.
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