Weaver Outdoors
Where Family and Service Meet
Overview
Raised: $1,002,161
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/28/2023
Days Remaining
43
% of Min. Goal
100%
% of Max. Goal
53%
Likelihood of Max
Avg. Daily Raise
$58,951
# of Investors
9
Momentum
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Year Founded
2021
Industry
Tech Sector
Location
South Bend, Indiana
Weaver Outdoors is raising funds on Honeycomb Credit. The company is an Outdoor Power Equipment dealership based in Northern Indiana that specializes in selling a wide range of equipment. They offer products including mowers, tractors, wheel loaders, snowplows, attachments, and more, catering to homeowners, landscapers, contractors, municipalities, and agricultural professionals. In 2023, Weaver Outdoors was honored with the title of "GiANT New Dealer of the Year" and was also given the 5-star Dealer award from The Grasshopper Company. Cousins Adam Weaver and Matt Capparelli co-founded Weaver Outdoors in 2021. The current crowdfunding campaign has a minimum target of $1,000,000 and a maximum target of $1,900,000. The campaign proceeds will be used for purchasing a second dealership in South Bend, IN, investing in more inventory and equipment, and enhancing logistics and service capabilities.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$204,455 |
$0 |
COGS |
$72,046 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-72,298 |
$0 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$143,258 |
$47 |
Accounts Receivable |
$2,563 |
$0 |
Total Assets |
$327,745 |
$47 |
Short-Term Debt |
$35,309 |
$0 |
Long-Term Debt |
$777,273 |
$0 |
Total Liabilities |
$812,582 |
$0 |
Financials as of: 09/11/2023
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