Steel City Jet Ski Rentals
Jet ski rentals
Overview
Raised: $15,350
Total Commitments ($USD)
Platform
Honeycomb
Start Date
08/02/2021
Close Date
09/30/2021
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
10/02/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$265
# of Investors
15
Momentum
Not Funded
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Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Steel City Jet Skis, a jet ski rental business in Pittsburgh, is raising funds on Honeycomb. It is the one and only jet ski rental business in the area and offers a unique way to view the city from the water. The company rents its brand new Yamaha wave runners on an hourly basis. Jake Tovey founded Steel City Jet Skis in March 2021. The current crowdfunding campaign of the company has a minimum goal of $50,000 and a maximum goal of $100,000. The raise proceeds will target the purchase of two more jet skis and debt refinancing. Steel City Jet Skis has generated $125,000 in revenue in just two months since its launch in May 2021, with $39,000 in revenue in the last two weeks of July 2021.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 08/02/2021
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