Chapel on Vicinity 2020 – KingsCrowd

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Security Type

Equity – Common

Pre-Money Valuation

$10,000,000

Location

Greenville, South Carolina

Industry

Real Estate & Construction

Chapel, with a valuation of $10 million, is raising funds on Vicinity. The company is developing a real estate space in the heart of the Poe Mill community in Greenville, South Carolina. The space includes a 43,000 feet office and an event and restaurant space. The project will provide job training to locals, investment in local entrepreneurs, a safe space for kids, and a resource for the neighborhood. Chapel will not follow a conventional office and retail model but will curate an experience through partnerships. Matt McPheely founded Chapel in October 2019. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used for civil engineering, permits, final design and architecture, landscaping, and initial site work.

Summary Profit and Loss Statement

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 10/12/2020

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