The Green Room Social Club

The Green Room Social Club

Arts

Arts

Overview

Raised this Round: Raised: $28,250

Total Commitments ($USD)

Platform

Honeycomb

Start Date

07/19/2023

Close Date

08/31/2023

Min. Goal
$25,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.50%

Year Founded

2019

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Location

PLACERVILLE, California

The Green Room Social Club is raising funds on Honeycomb. It is a live music venue in Placerville, California, that produces and promotes live music and entertainment. The Green Room Social Club has a robust calendar featuring different genres of arts, dancing, live music, comedy, and theater, and makes the artists reach their audience. The venue is fitted with the best-in-class video and audio equipment and stage and enables good quality video and audio recording. Jennifer Teie founded The Green Room Social Club in March 2019. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for refinancing high-interest debt, business growth and development, market research, marketing, and club member programs.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$443,155

$0

COGS

$438,434

$0

Tax

$0

$0

 

 

Net Income

$4,720

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$164

$0

Accounts Receivable

$84,422

$0

Total Assets

$87,233

$0

Short-Term Debt

$3,878

$1,589

Long-Term Debt

$0

$0

Total Liabilities

$3,878

$1,589

Financials as of: 07/19/2023
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The Green Room Social Club on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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