The Franklin

Early Stage

Historic Redevelopment

Overview

Platform

Vicinity

Start Date

11/21/2022

Close Date

02/14/2023

Min. Goal

$725,000

Max. Goal

$1,235,000

Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

Funding Type

RegCF

Price Per Share

$1.00

Location

Greenville, South Carolina

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Business Type

Life Style

The Franklin is raising funds on Vicinity. The office project is located at 107, East Park Avenue in Greenville, South Carolina, and is undergoing a full historic rehabilitation, renovation, and addition of a redesigned parking lot. The historic site was built in 1917 and is currently a home converted into private offices. The renovation of The Franklin aims to preserve and highlight its original character while letting the next generation enjoy the historic site. Kurt Wallenborn founded The Franklin in October 2022. The current crowdfunding campaign has a minimum target of $725,000 and a maximum target of $1.24 million. The campaign proceeds will be used for project development.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$-3,634

$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: 11/21/2022
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The Franklin on Vicinity 2022
$
Platform: Vicinity
Security Type: Equity - Common

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