The Parlor
Early Stage
19th century townhome
Overview
Raised: $325,000
Total Commitments ($USD)
Platform
Common Owner
Start Date
08/14/2023
Close Date
01/31/2024
Min. Goal
$300,000
Max. Goal
$425,000
Min. Investment
$2,500
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$2,500.00
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/03/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,923
# of Investors
21
Momentum
Funded
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Year Founded
2023
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
The Parlor is raising funds on Common Owner. It is a historic townhome located in Baltimore City, Maryland. The Parlor operated as a funeral parlor till 2021 and has now been acquired by Timshel for renovation, programming, and leasing in collaboration with the Central Baltimore Partnership. The team is working on starting the construction at The Parlor in the summer of 2023 and is currently hosting temporary events like art exhibitions, popups, films, and live performances. William Bradshaw founded The Parlor in May 2023. The current crowdfunding campaign has a minimum target of $300,000 and a maximum target of $425,000. The campaign proceeds will be used for construction costs, design and related fees, accounting, developer fees, and other soft costs.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-587 |
$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: 08/14/2023
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