The Complete Experience
Early Stage
The complete salon experience.
Analytics
Raised: $15,000
Aggregate Commitments $
Platform
Honeycomb
Start Date
12/15/2021
Close Date
01/04/2022
Min. Goal
$15,000
Max. Goal
$20,000
Min. Investment
$100
Security Type
Debt
Funding Type
RegCF
Rolling Commitments $
Status
Funded
Reporting Date
01/23/2022
Days Remaining
Funded
% of Min. Goal
100%
% of Max. Goal
75%
Likelihood of Max
Funded
Avg. Daily Raise
$750
Momentum
Funded
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Location
My Pleasant, Wisconsin
Industry
Beauty & Personal Care
Tech Sector
Non-Tech
The Complete Experience is raising funds on Honeycomb. The Company is a salon and spa offering an array of beauty services including precision haircutting, expert color, and relaxing facial services. The Cutting Edge & The Complete Experience are owned by a mother-daughter duo and has been a staple in Racine, WI for over 20 years. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $20,000. The campaign proceeds will be used for start-up costs for a new location and updates to the existing business.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$384,080 |
$683,813 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$23,476 |
$47,558 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$89,784 |
$33,499 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$113,254 |
$57,592 |
|
Short-Term Debt |
$7,051 |
$15,419 |
|
Long-Term Debt |
$97,474 |
$68,842 |
|
Total Liabilities |
$104,525 |
$84,261 |
Financials as of: 12/15/2021
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