True Love Body Piercing

True Love Body Piercing

Body Piercing shop

Body Piercing shop

Overview

Raised to Date: Raised: $18,500

Total Commitments ($USD)

Platform

MainVest

Start Date

09/25/2023

Close Date

01/12/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.40X

Rev. Share %

3.50%

Rolling Commitments ($USD)

Status

Active

Reporting Date

12/08/2023

Days Remaining

35

% of Min. Goal

37%

% of Max. Goal

15%

Likelihood of Max
unlikely
Avg. Daily Raise

$250

# of Investors

24

Momentum
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Year Founded

2021

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Worcester, Massachusetts

Business Type

Life Style

True Love Body Piercing is raising funds on MainVest. It is a body piercing shop in Cambridge, Massachusetts, that offers safe piercing for children and adults. True Love Body Piercing has set up a friendly and welcoming environment to make clients feel comfortable and ensure the safe healing of the piercings. The business is currently looking to expand to a new location with easy and better parking and a safe environment. Owen Beane founded True Love Body Piercing in November 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for renovations of the new commercial space.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$166,754

$0

COGS

$46,444

$0

Tax

$0

$0

 

 

Net Income

$-4,855

$0

Summary Balance Sheet

FY 2022 FY 2021

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: 09/25/2023
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True Love Body Piercing on MainVest 2023
Platform: MainVest
Security Type: Revenue Share

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