Data / Crowdfunding / California / Sarahs Entertainment LLC
Sarahs Entertainment LLC: crowdfunding raise on Honeycomb Portal LLC, $35,000 to $75,000 (2022)
Sarahs Entertainment LLC, a limited liability company in Tehachapi, CA, filed a Form C with the SEC on August 9, 2022 to raise $35,000 to $75,000 in debt through Honeycomb Portal LLC. The offering closed on September 26, 2022. In its most recent fiscal year it reported $42,010 in revenue and $7,276 in net income, with 2 employees.
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- Website
- tracktimehobbies.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 25851 SKYLINE DRIVE, Tehachapi, CA 93561
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- March 24, 2021
- SEC CIK
- 0001939729
Offering terms
From the amendment filed August 9, 2022.
- Security
- Debt
- Price
- $1.00
- Target
- $35,000
- Maximum
- $75,000
- Deadline
- September 26, 2022
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C/A filed August 9, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $42,010 | $0 | sec.gov |
| Cost of goods sold | $9,800 | $0 | sec.gov |
| Net income | $7,276 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $43,239 | $0 | sec.gov |
| Cash | $623 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $1,847 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 9, 2022 | Amendment | $35,000 | $75,000 | September 26, 2022 | Update to end date | sec.gov |
| August 9, 2022 | Offering | $35,000 | $75,000 | September 19, 2022 | sec.gov |
Updated August 9, 2022. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.