Data / Crowdfunding / California / Wash Club LA, LLC
Wash Club LA, LLC: crowdfunding raise on SMBX, Inc., $25,000 to $500,000 (2021)
Wash Club LA, LLC, a limited liability company in Los Angeles, CA, filed a Form C with the SEC on October 29, 2021 to raise $25,000 to $500,000 in debt through SMBX, Inc.. The offering closed on January 11, 2022. In its most recent fiscal year it reported $445,842 in revenue and a net loss of $6,339, with 16 employees.
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- Website
- www.washclubla.com
- Funding portal
- SMBX, Inc.
- Address
- 1076 N ST ANDREWS PLACE, Los Angeles, CA 90038
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- July 24, 2019
- SEC CIK
- 0001889098
Offering terms
From the offering filed October 29, 2021.
- Security
- Debt
- Price
- $10.00
- Target
- $25,000
- Maximum
- $500,000
- Deadline
- January 11, 2022
- Portal compensation
- For Wash Club LA, LLC's offering, SMBX will be charging a capital raise fee of 3.5% (up to $17,500 based on the total amount raised).
Financials
From the Form C filed October 29, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $445,842 | $140,171 | sec.gov |
| Cost of goods sold | $25,887 | $7,310 | sec.gov |
| Net income | $-6,339 | $-50,201 | sec.gov |
| Taxes paid | $3,119 | $0 | sec.gov |
| Total assets | $5,253 | $33,753 | sec.gov |
| Cash | $5,253 | $9,140 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $42,633 | $63,660 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 29, 2021 | Offering | $25,000 | $500,000 | January 11, 2022 | sec.gov |
Updated October 29, 2021. 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.