Tailored Hair

Tailored Hair

Barbershop

Barbershop

Overview

Raised this Round: Raised: $57,150

Total Commitments ($USD)

Platform

Honeycomb

Start Date

08/20/2023

Close Date

09/16/2023

Min. Goal
$40,000
Max. Goal
$85,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.25%

Year Founded

2022

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Location

SAN DIEGO, California

Tailored Hair is raising funds on Honeycomb. It is a men’s hair salon based in San Diego, California. Tailored Hair provides customized haircutting services and combines the experience of a traditional barbershop with that of a full-service salon. The team is made up of experienced stylists and barbers who provide personalized services to clients based on their unique needs and preferences. Joe Broughton and Lizzy Broughton founded Tailored Hair in May 2022. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $85,000. The campaign proceeds will be used for growing the team, business development and marketing, education for the team, new product development, and new technology development.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$97,514

$772,089

COGS

$18,327

$191

Tax

$0

$0

 

 

Net Income

$24,616

$129,622

Summary Balance Sheet

FY 2022 FY 2021

Cash

$10,696

$102,259

Accounts Receivable

$0

$0

Total Assets

$157,460

$185,353

Short-Term Debt

$2,055

$2,055

Long-Term Debt

$113,698

$43,726

Total Liabilities

$115,753

$45,781

Financials as of: 08/20/2023
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Tailored Hair on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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