Weaver Outdoors

Weaver Outdoors

Outdoor Power Equipment dealership

Outdoor Power Equipment dealership

Overview

Raised this Round: Raised: $5,100

Total Commitments ($USD)

Platform

Honeycomb

Start Date

01/01/2024

Close Date

02/27/2024

Min. Goal
$50,000
Max. Goal
$400,000
Min. Investment

$100

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.00%

Term Length

7.0 years

Year Founded

2021

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

South Bend, Indiana

Business Type

Growth

Weaver Outdoors is raising funds on Honeycomb. The company is an Outdoor Power Equipment dealership based in Northern Indiana that specializes in selling a wide range of equipment. Weaver Outdoors offers 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. Adam Weaver and Matt Capparelli co-founded Weaver Outdoors in 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $400,000. The campaign proceeds will be used for inventory.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$1,384,124

$0

COGS

$857,480

$0

Tax

$0

$0

 

 

Net Income

$134,045

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$179,290

$0

Accounts Receivable

$0

$0

Total Assets

$1,213,482

$0

Short-Term Debt

$470,644

$0

Long-Term Debt

$387,580

$0

Total Liabilities

$858,224

$0

Financials as of: 01/01/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Weaver Outdoors 02/26/2024 Honeycomb - $5,100 Debt Not Funded RegCF
Weaver Outdoors 11/29/2023 Honeycomb - $1,029,951 Debt Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Weaver Outdoors on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, Weaver Outdoors may no longer be accepting investments.

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