The Pool at Hollingsworth
A fully designed and engineered private pool and swim club
Overview
Raised: $1,500,000
Total Commitments ($USD)
Platform
Vicinity
Start Date
09/19/2022
Close Date
11/24/2022
Min. Goal
$1,300,000
Max. Goal
$1,500,000
Min. Investment
$1,000
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
6.00%
Term Length
8.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$23,077
Momentum
Funded
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Year Founded
2022
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
The Pool at Hollingsworth is raising funds on Vicinity. It is an upcoming private pool and swim club at Hollingsworth Park in Greenville, South Carolina. The pool and swim club will be within walking distance from more than 700 existing residences and comprise a six-lane Junior Olympic saltwater pool, a sundeck, bathrooms with private showers, areas for dining and gathering, and a designated concessions area. The Pool at Hollingsworth is being developed by Christopher Babcock of Babcock Investment Company. The current crowdfunding campaign has a minimum target of $1,300,000 and a maximum target of $1,500,000. The campaign proceeds will be used for completing the construction of the pool.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$54 |
$0 |
| ||
| ||
|
Net Income |
$-2,479 |
$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 |
$2,479 |
$0 |
|
Total Liabilities |
$2,479 |
$0 |
Financials as of: 09/19/2022
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