Offix

Offix

Early Stage

Coworking, Office and Studio Solutions

Coworking, Office and Studio Solutions

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

StartEngine

Start Date

02/03/2021

Close Date

03/30/2021

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$200

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Early Bird Valuation

$9,000,000

Pre-Money Valuation

$10,000,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

03/30/2021

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

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Chicago, Illinois

Business Type

Life Style

Offix, with a pre-money valuation of $10 million, is raising funds on StartEngine. The company provides studio spaces to entrepreneurs in the cosmology, graphics, and fitness industries. The studio spaces are equipped with smart solutions, waiting lounges, kitchen facilities, and other perks to make the business owners and their clients feel comfortable. Lior David founded Offix in 2018. The proceeds of the current crowdfunding round, with a minimum goal of $10,000 and a maximum goal of $1,070,000, will be used for expansion in Chicago and across the country. Offix has already achieved a 28% monthly profit margin since July 2020, despite COVID-19.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$28,959

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$508,220

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$145,161

$0

Accounts Receivable

$0

$0

Total Assets

$849,880

$0

Short-Term Debt

$139,675

$0

Long-Term Debt

$1,217,425

$0

Total Liabilities

$1,357,100

$0

Financials as of: 02/03/2021
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Offix on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,000,000
Price per Share: $10.00

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