Wonder Wax Glam Studio
Early Stage
Beauty & Cosmetics
Overview
Raised: $21,000
Total Commitments ($USD)
Platform
Mr. Crowd
Start Date
08/07/2022
Close Date
04/30/2023
Min. Goal
$20,000
Max. Goal
$500,000
Min. Investment
$100
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$100.00
Pre-Money Valuation
$1,750,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$79
Momentum
Funded
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Year Founded
2020
Industry
Beauty & Personal Care
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Wonder Wax Glam Studio, with a valuation of $1.75 million, is raising funds on Mr. Crowd. It is an eco-friendly beauty studio that specializes in full-body waxing, spray tans, and makeup applications. Wonder Wax Glam Studio operates through its GlamTrucks that bring beauty to people in a safe place outside their houses. The service works best for busy people, first-timers, the young crowd, customers living in the suburbs, and beauty events. Tania Torres founded Wonder Wax Glam Studio in April 2020. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $500,000. The campaign proceeds will be used for rebranding, marketing, a new website launch, launch of an in-house app, and rewards program.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$91,839 |
$42,632 |
|
COGS |
$21,557 |
$11,941 |
|
Tax |
$500 |
$500 |
| ||
| ||
|
Net Income |
$9,869 |
$-9,253 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$13,500 |
$6,550 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$41,704 |
$31,877 |
|
Short-Term Debt |
$1,087 |
$1,129 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$1,087 |
$1,129 |
Financials as of: 08/07/2022
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