Hook & Irons Golf and Social Lounge

Hook & Irons Golf and Social Lounge

Hook & Irons Golf and Social Lounge is seeking investment
to open an indoor golf and social lounge.

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
SALEM, NJ
Expected Close Date
March 24, 2023
Target Raise
$25.00K-$50.00K
No. Investors
32
Security Price
$1
Investment Multiple
1.4×
Business’s Revenue Share:
1.5%-3%
Securitization
None
Maturity Date
June 30th, 2028
Website
facebook.com
Number of Employees
2
Cash
$3,106
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-69,884

Company Description

Founded by two firefighters, Hook & Irons will be a golf simulator and lounge providing great experiences in a friendly, relaxed environment. Golfer or not, Hook & Irons will be a destination for friend groups, corporate outings, date nights, and parties with a welcoming bar and gastropub program and multiple sporting experiences to choose from.

Management Team / Advisory Board Bios

Fred Ayars
Co-founder
Fred and John have been friends since childhood, and have an extensive history in entertainment and event coordination. We’ve been mobile disc-jockeys for 25 years, as were our fathers together before us. We’ve worked in bar/restaurants in the area as DJs and bar staff.

Fred has been a volunteer firefighter in Salem City since 1990, and has been the Fire Chief since 2004. He manages a volunteer staff of 56 personnel. His most recent employment was with PSEG Nuclear Generating Station in Salem NJ, and was a Nuclear Fire Protection Supervisor managing a staff of 25. Married to Karen, with children ages 14 and 16.

Fred and John will be full time owner/operators with full management & oversight responsibilities, and employ an initial staff of seven.


Johnny Maxwell III
Co-founder
Fred and John have been friends since childhood, and have an extensive history in entertainment and event coordination. We’ve been mobile disc-jockeys for 25 years, as were our fathers together before us. We’ve worked in bar/restaurants in the area as DJs and bar staff.

Johnny has been a volunteer firefighter since 2015. His most recent employment was also with PSEG Nuclear Generating Station, as a Security Operations Manager, managing a staff 250. Married to Alaura, with children ages 2 and 4.

Fred and John will be full time owner/operators with full management & oversight responsibilities, and employ an initial staff of seven.
Amount Raised : $50,000
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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