Twisted Escape Room
Escape room
Overview
Raised: $0
Total Commitments ($USD)
Platform
MainVest
Start Date
04/02/2020
Close Date
07/01/2020
Min. Goal
$5,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
07/04/2020
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
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Twisted Escape Room, an escape room in Salem, MA, is raising funds on MainVest. The business brings people together to have fun, including two offerings, Submerged and Hysteria. Submerged is about taking a submarine to explore an underwater wreck, while Hysteria is about the witch trials. Twisted Escape Room was founded by Jon Griffin and Abby O’Leary in 2018. The proceeds of the current crowdfunding round, with a minimum raise of $5,000 and a maximum raise of $50,000, will be used to pay staff during the COVID-19 closures. Twisted Escape Room has a proven demand in Salem, with average monthly revenue of $15,000 and an average ticket size of $100.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$128,971 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-146,696 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$16,558 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$35,574 |
$0 |
|
Short-Term Debt |
$38,728 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$38,728 |
$0 |
Financials as of: 04/02/2020
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