TLOREN

Salon

Overview

Raised to Date: Raised: $70,050

Total Commitments ($USD)

Platform

Honeycomb

Start Date

01/13/2023

Close Date

02/27/2023

Min. Goal

$25,000

Max. Goal

$100,000

Min. Investment

$100

Security Type

Debt

Series

Seed

Funding Type

RegCF

Interest Rate

11.75%

Term Length

5.0 years

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/05/2023

Days Remaining

22

% of Min. Goal

280%

% of Max. Goal

70%

Likelihood of Max
extremely
Avg. Daily Raise

$3,046

# of Investors

30

Momentum
hot.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Woodridge, Illinois

Industry

Beauty & Personal Care

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

TLOREN is raising funds on Honeycomb. It is a unique and creative neighborhood salon for people to get their hair and makeup done. The business provides an ultimate beauty experience through its highly motivated and expertly trained staff. TLOREN works closely with an Italian brand and uses vegan and gluten-free premium products. Tina Brown and Lauren Brown founded TLOREN in December 2007. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for construction at a new location, new floors and ceilings, salon furniture, outdoor signage, and hiring and training.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$318,443

$228,630

COGS

$36,681

$44,338

Tax

$0

$0

 

 

Net Income

$-2,489

$59,454

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$22,415

$13,096

Accounts Receivable

$0

$0

Total Assets

$28,748

$19,026

Short-Term Debt

$23,004

$16,924

Long-Term Debt

$3,544

$3,000

Total Liabilities

$26,548

$19,924

Financials as of: 01/13/2023
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
TLOREN on Honeycomb 2023
$
Platform: Honeycomb
Security Type: Debt

Follow company

Follow TLOREN on Honeycomb 2023
View on Honeycomb