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.

Print
Claim My Business
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
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

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.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments