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
Bar and Lounge
Min Investment
$100
Location
SALEM, NJ
Expected Close Date
August 26, 2022
Amount Raised
$46,900
Target Raise
$50K-$150K
No. Investors
33
Security Price
$1
Investment Multiple
1.4×
Business’s Revenue Share:
3%-9%
Securitization
None
Maturity Date
June 30th, 2028
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.

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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