Shanklin Hall

Shanklin Hall

Open  for investment

About this raise: Shanklin Hall is raising funds on SMBX. It is a social club in Washington, DC, focused on community, wellness, and creativity. Shanklin Hall provides a home for collective elevation and cultural development and offers high-quality, thoughtful events serving the Black community in the city. The club provides a welcoming and inclusive environment where people can feel at home and come together to express themselves freely. Maia Shanklin Roberts, Tau Shanklin Roberts, Camille Hall, Nick Hall, and Imani Shanklin Roberts founded Shanklin Hall in August 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $200,000. The campaign proceeds will be used to build out the second floor for expansion and to refinance debt.

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Investment Overview

Committed this round: $20,290

Deal Terms

Total Commitments ($USD)

Platform
SMBX
Start Date
12/20/2024
Close Date
02/27/2025
Min. Goal
$10,000
Max. Goal
$200,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.50%

Term Length

5.0 years

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Washington, District of Columbia
Business Type
Life Style
Company Website
Visit Website

Team

Employees
16
Prior Founder Exits?
No
Founder Name
Maia Shanklin Roberts
Title
Co-Founder, Finance + Sustainable Growth
Founder Name
Tau Shanklin Roberts
Title
Co-Founder, F&B + Facilities Operations
Founder Name
Imani Shanklin Roberts
Title
Co-Founder, Art + Wellness
Founder Name
Camille Hall
Title
Co- Founder, Programming + Marketing
Founder Name
Nick Hall
Title
Co- Founder, Programming + Marketing

Financials

as of Fiscal Year 2023
 Revenue
$958,975
 Monthly Burn
$15,095
 Runway
3 months
Gross Margin
88%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$958,975

$12,880

COGS

$118,226

$0

Tax

$0

$0

 

 

Net Income

$-181,136

$-43,895

Summary Balance Sheet

FY 2023 FY 2022

Cash

$45,363

$18,473

Accounts Receivable

$0

$0

Total Assets

$77,363

$50,473

Short-Term Debt

$44,986

$7,638

Long-Term Debt

$105,603

$0

Total Liabilities

$150,589

$7,638

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/27/2025 SMBX - $20,290 Debt Active RegCF
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Shanklin Hall on SMBX 2024
Platform: SMBX
Security Type: Debt

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