Open Box Buy

BETA

Discount Retail Store

Analytics

Raised to Date: $152,406

Aggregate Commitments $
Platform

StartEngine

Start Date

01/15/2019

Close Date

10/27/2020

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$250

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$15,000,000

Discount Rate

20%

Weekly Commitments $
Status

Active

Reporting Date

09/20/2020

Days Remaining

34

% of Min. Goal

1,524%

% of Max. Goal

14%

Likelihood of Max
Avg. Daily Raise

$248

# of Investors

335

Momentum
Location
Industry

Retail Shops & Department Stores

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

“We are excited to introduce OPEN BOX BUY (OBB), which is to our knowledge, the first ever deep-discount retail store that specializes in big-name brand and open box consumer electronics, as well as large and small appliances, video games; housewares; toys; sporting goods; tools; BBQ; outdoor, patio, and small furnishings. If you are looking for hard goods and consumer durables for your office or home, at a price that cannot beat, then Open Box Buy is the solution!”

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-45,989

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$2,407

$0

Accounts Receivable

$0

$0

Total Assets

$465,907

$0

Short-Term Debt

$48,396

$0

Long-Term Debt

$0

$0

Total Liabilities

$48,396

$0

Ratings

last updated 09/23/2020

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