Sunny Days Of Ithaca
Gift Shop
Overview
Raised: $6,400
Total Commitments ($USD)
Platform
MainVest
Start Date
03/06/2024
Close Date
05/31/2024
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.25X
Rev. Share %
1.95%
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/07/2024
Days Remaining
23
% of Min. Goal
13%
% of Max. Goal
6%
Likelihood of Max
Avg. Daily Raise
$103
# of Investors
13
Momentum
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Year Founded
2014
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Sunny Days of Ithaca is raising funds on MainVest. It is a gift shop in Ithaca, New York that sells gifts made locally or that capture the unique essence of Ithaca. Sunny Days of Ithaca supports the local makers of art, food, and music, makes the visitors feel welcomed, and helps them find something they can take home to continue their special experience of visiting the city. Deirdre Kurzweil founded Sunny Days of Ithaca in April 2014. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used to purchase a DTF printer and supplies and a sublimation printer and supplies, inventory, expansion of web store inventory, and marketing.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$521,915 |
$472,538 |
|
COGS |
$299,492 |
$241,931 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-58,711 |
$39,793 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$44,786 |
$47,521 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$226,751 |
$251,806 |
|
Short-Term Debt |
$45,302 |
$5,377 |
|
Long-Term Debt |
$123,999 |
$138,127 |
|
Total Liabilities |
$169,301 |
$143,504 |
Financials as of: 03/06/2024
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