PointBreezeway
event space tucked away on Reynolds Street in one of Pittsburgh's East End neighborhoods
Overview
Raised: $10,350
Total Commitments ($USD)
Platform
Honeycomb
Start Date
03/02/2020
Close Date
05/25/2020
Min. Goal
$20,000
Max. Goal
$82,000
Min. Investment
$100
Security Type
Debt
Series
Series A
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
05/30/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$123
# of Investors
22
Momentum
Not Funded
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Year Founded
2014
Industry
Business Services, Software, & Applications
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
PointBreezeway, an event space in Pittsburgh’s Point Breeze, is raising funds on Honeycomb Credit. It is a vibrant place that hosts small weddings, rehearsal dinners, bridal showers, concerts, and other private events. PointBreezeway is known for its tasteful decor, natural light, and warm hospitality. It is owned and run by a father-daughter duo, Lauren McMillen and Dennis Inserra. The funds raised from the crowdfunding campaign, with a minimum goal of $20,000 and a maximum goal of $82,000, will be used to refinance the debt. PointBreezeway also supports other small businesses and keeps its events as sustainable and eco-friendly as possible.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$160,539 |
$126,706 |
|
COGS |
$251 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$51,777 |
$38,068 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$16,179 |
$1,847 |
|
Accounts Receivable |
$17,838 |
$16,425 |
|
Total Assets |
$47,655 |
$31,455 |
|
Short-Term Debt |
$37,798 |
$23,989 |
|
Long-Term Debt |
$-3,100 |
$-469 |
|
Total Liabilities |
$34,698 |
$23,520 |
Financials as of: 03/02/2020
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