GolfSuites

[Closed for Investment] GolfSuites, a golf entertainment company, is raising funds on Dalmore through Reg A+ crowdfunding. The company offers golf entertainment, events, performance, improvement, and fun for golfers through its hybrid concept. The company also hosts events for corporate and social gatherings. Gerald Ellenburg founded GolfSuites in 2018. The current crowdfunding round has no minimum target and a maximum target of $48,750,000. The proceeds will be used for marketing, renovation of existing facilities, constriction and development of Studios, and operational expenses. GolfSuites offers a host of experiences, including real-time game simulation, holistic game improvement, climate-controlled suites, and fun for all ages and skills.

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Investment Overview

Raised this Round: Raised: $3,756,079

Deal Terms

Total Commitments ($USD)

Platform
Dalmore Group
Start Date
03/15/2021
Close Date
02/18/2022
Min. Goal
$10
Max. Goal
$48,750,000
Min. Investment

$525

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$7.50

Company & Team

Company

Year Founded
2018
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Riverview, Florida
Business Type
Life Style
Company Website
Visit Website

Team

Employees
25
Prior Founder Exits?
No
Founder Name
Nick Flanagan
Title
President/COO

Financials

 Revenue
$0
 Monthly Burn
$51,610
 Runway
0.4 months

Balance Sheet

Cash and Cash Equivalents

$20,483

Investment Securities

$0

Accounts and Notes Receivable

$0

Property, Plant and Equipment (PP&E)

$0

Total Assets

$701,396

Accounts Payable & Accrued Liabilities

$0

Long Term Debt

$0

Total Liabilities

$796,026

Total Stockholders' Equity

$-94,630

Total Liabilities and Equity

$701,396

Statement of Comprehensive Income Information

Total Revenues

$0

Costs & Expenses Applicable to Rev

$0

Depreciation and Amortization

$0

Net Income

$-619,325

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: IndigoSpires CPA Group, LLC
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
05/23/2023 Dalmore Group $231,756,288 $1,922,778 Equity - Preferred Funded RegA+
12/21/2022 Dalmore Group $229,103,337 $3,360,876 Equity - Preferred Funded RegA+
02/18/2022 Dalmore Group - $3,756,079 Equity - Preferred Funded RegA+
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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GolfSuites on Issuance
Platform: Dalmore Group
Security Type: Equity - Preferred
Price per Share: $7.50

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Warning: according to the close date for this deal, GolfSuites may no longer be accepting investments.

GolfSuites Deal Report

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