Wefunder
09/16/2022
04/30/2023
$5,000
$107,000
$100
SAFE
RegCF
$10,000,000
0%
Rolling Commitments $
Active
09/16/2022
226
0%
0%
$0
San Diego, California
Apparel & Fashion
Non-Tech
Sash Group, with a valuation of $10 million, is raising funds on Wefunder. The company makes and sells patented sash bags with a unique, ergonomic, 10-pocket design. The sash handbags provide a better way for women to have all the things they need at their fingertips. Sash Group is backed by Ugg founder Brian Smith and has 70,000 fans creating a high demand for production. Nichole MacDonald founded Sash Group in 2012. The current crowdfunding campaign has a minimum target of $5,000 and a maximum target of $107,000. The campaign proceeds will be used for the production of sash bags, marketing, and payroll.
Summary Profit and Loss Statement
|
Revenue |
$1,492,138 |
$2,069,377 |
|
COGS |
$1,204,428 |
$1,140,450 |
|
Tax |
$0 |
$0 |
|
|
||
|
|
||
|
Net Income |
$-605,427 |
$-123,411 |
Summary Balance Sheet
|
Cash |
$35,047 |
$32,358 |
|
Accounts Receivable |
$-12,213 |
$0 |
|
Total Assets |
$796,080 |
$842,889 |
|
Short-Term Debt |
$508,143 |
$901,721 |
|
Long-Term Debt |
$692,485 |
$212,644 |
|
Total Liabilities |
$1,200,628 |
$1,114,365 |
Financials as of: 09/16/2022
