The Block Jax

The Block Jax

Closed: Jul. 2024

About this raise

The Block Jax is raising funds on Honeycomb. It is a unique outdoor food mall in Jacksonville, Florida, with a live entertainment venue and kids’ play park. The Block Jax offers a dynamic and fun environment for families and patrons and caters to a diverse audience. The venue has redefined the social and entertainment landscape in the area and ensured the convergence of leisure, entertainment, and pet-friendly facilities to create a vibrant community hub. Daniel Moffatt founded The Block Jax in August 2023. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $120,000. The campaign proceeds will be used for working capital.

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Investment Overview

Invested this round: $93,116

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
06/17/2024
Close Date
07/13/2024
Min. Goal
$60,000
Max Goal
$120,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.50%

Term Length

4.5 years

Company & Team

Company

Year Founded
2023
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Jacksonville, Florida
Business Type
Life Style
Company Website
Visit Website

Team

Employees
12
Prior Founder Exits?
No
Founder Name
Daniel Moffatt
Title
CEO

Financials

 Revenue
$0
 Cash on Hand
$0

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

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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
07/13/2024 Honeycomb - $93,116 Debt Funded RegCF
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The Block Jax on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, The Block Jax may no longer be accepting investments.

The Block Jax Deal Report

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