Overview
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
$100
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Interest Rate
10.00%
Term Length
7.0 years
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
02/28/2024
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$91
# of Investors
5
Momentum
Not Funded
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Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
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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