Zen & Now Wellness Apothecary

Zen & Now Wellness Apothecary

[Closed for Investment] Zen & Now Wellness Apothecary is raising funds on Honeycomb. The apothecary is based in Harrisburg, Pennsylvania, and offers a blend of wellness services. Zen & Now Wellness Apothecary’s offerings include wellness products, Eastern herbal medicinals, and therapeutic experiences like massage, sauna, and salt therapy. The business has a loyal customer base and is creating a sanctuary for people seeking balance and rejuvenation. Rhonda Giddings founded Zen & Now Wellness Apothecary in June 2023. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $75,000. The campaign proceeds will be used for leasehold improvements, halo therapy training, payroll, signage, furniture, and other equipment.

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Investment Overview

Raised this Round: Raised: $12,878

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
07/26/2024
Close Date
08/26/2024
Min. Goal
$35,000
Max. Goal
$75,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2023
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Harrisburg, Pennsylvania
Business Type
Life Style
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Rhonda Giddings
Title
Owner

Financials

as of Fiscal Year 2023
 Revenue
$755
 Monthly Burn
$660
 Runway
7.2 months
Gross Margin
90%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$755

$0

COGS

$74

$0

Tax

$0

$0

 

 

Net Income

$-7,917

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$4,722

$0

Accounts Receivable

$0

$0

Total Assets

$17,585

$0

Short-Term Debt

$0

$0

Long-Term Debt

$9,673

$0

Total Liabilities

$9,673

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/26/2024 Honeycomb - $12,878 Debt Not Funded RegCF
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Zen & Now Wellness Apothecary on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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