Decarolis Cycling

BICYCLE SHOP

Analytics

Raised to Date: Raised: $6,100

Aggregate Commitments $
Platform

MainVest

Start Date

07/01/2021

Close Date

09/10/2021

Min. Goal

$100,000

Max. Goal

$180,000

Min. Investment

$100

Security Type

Revenue Share Note

Funding Type

RegCF

Series

Seed

Rolling Commitments $
Status

Active

Reporting Date

07/28/2021

Days Remaining

44

% of Min. Goal

6%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$226

# of Investors

21

Momentum
cool
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Lawrence, Massachusetts

Industry

Retail Shops & Department Stores

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

Decarolis Cycling, a bicycle shop in North Andover, MA, is raising crowdfunding on MainVest. The company has its own brand of high-end performance bicycles along with offering professional repair and maintenance services. The shop works as the distribution hub for both end-users and wholesalers. Luca De Carolis founded Decarolis Cycling in April 2014. The proceeds of the current crowdfunding round, with a minimum target of $100,000 and a maximum target of $180,000, will be used towards payroll, marketing, event sponsorship, inventory, and working capital. Decarolis Cycling is known for its high level of service and quality bikes to all the customers.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$784,716

$444,464

COGS

$462,753

$294,846

Tax

$0

$0

 

 

Net Income

$140,157

$52,072

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$2,646

$18,322

Accounts Receivable

$0

$0

Total Assets

$145,298

$94,343

Short-Term Debt

$77,136

$77,426

Long-Term Debt

$79,876

$79,876

Total Liabilities

$157,012

$157,302

Financials as of: 07/01/2021
Log in or create a free account today to gain access to KingsCrowd analytics.
Raise History
Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Decarolis Cycling 09/10/2021 MainVest $0 $6,100 Revenue Share Note Active RegCF
Decarolis Brothers Cyclists 03/12/2020 MainVest $0 $0 Debt Not Funded RegCF
Log in or create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Analyst Report

Other Deals

Arc on Wefunder 2021

One of the biggest shifts brought on by the COVID-19 pandemic is the rise in remote work. Before…

RegCF
Pickzen on Wefunder 2021

Personalization is becoming more of a necessity than a luxury in the world of e-commerce. Companies are slowly…

RegCF
Customer.io on Republic 2021

The rapid pace of technical innovation over the last decade has made marketing more complex than ever before.…

RegCF
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Decarolis Cycling on MainVest 2021
Follow company
Follow Decarolis Cycling on MainVest 2021
Want to learn more about Decarolis Cycling?
Join the Pre-IPO Market’s #1 Ratings & Analytics Service FREE for 7 days.
Yes! I want to start my free trial.
Already a member? Log in here.
Invest Now