PointBreezeway

Neutral
BETA

event space tucked away on Reynolds Street in one of Pittsburgh's East End neighborhoods

Analytics

Raised to Date: $10,350

Aggregate Commitments $
Platform

Honeycomb

Start Date

03/03/2020

Close Date

05/26/2020

Min. Goal

$20,000

Max. Goal

$82,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Series

Series A

Weekly Commitments $
Status
Funded
Reporting Date

05/31/2020

Days Remaining
Funded
% of Min. Goal

52%

% of Max. Goal

13%

Likelihood of Max
Funded
Avg. Daily Raise

$123

# of Investors

22

Momentum
Funded
Location
Industry

Business Services, Software, & Applications

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Business Type

Life Style

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

$0

Total Liabilities

$34,698

$23,520

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