AV Seals Labor Group
CONVENTION
Overview
Raised: $0
Total Commitments ($USD)
Platform
MainVest
Start Date
03/31/2020
Close Date
07/01/2020
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.30X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
07/04/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2018
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
AV Seals Labor Group, a convention in Malden, MA, is raising funds on MainVest. The company provides technical support through its audio/video technicians that assist in setting up multimedia for conferences, conventions, and meetings across the East Coast of the US. AV Seals Labor Group has a national network of skilled technicians to service any type of corporate gathering. AV Seals Labor Group is owned by Charlie Webber, with decades of experience as an audio/video technician. The proceeds of the current crowdfunding round of the company, with a minimum raise of $50,000 and a maximum raise of $100,000, will be used to keep the business afloat through the COVID-19 outbreak. AV Seals Labor Group has a proven demand, loyal customer base, and has put together events for several Fortune 500 companies.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$50,125 |
$50,125 |
|
COGS |
$383,605 |
$0 |
|
Tax |
$4,000 |
$0 |
| ||
| ||
|
Net Income |
$116,428 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$50,125 |
$0 |
|
Total Assets |
$50,125 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 03/31/2020
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