N & M Coach Lines

N & M Coach Lines

Travel & Transport

Travel & Transport

Overview

Raised to Date: Raised: $500

Total Commitments ($USD)

Platform

MainVest

Start Date

10/27/2020

Close Date

01/05/2021

Min. Goal
$25,000
Max. Goal
$40,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

01/05/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$7

# of Investors

4

Momentum
Not Funded
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Year Founded

2020

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Richmond, Virginia

Business Type

Life Style

N & M Coach Lines, a travel and transport company in Richmond, is raising funds on MainVest. The company provides a motorcoach service that can accommodate a number of passengers and luggage. The motor coaches of N & M Coach Lines are loaded with a full entertainment system, climate control system, reclining seats, foot rests, lavatory, and inside luggage space. Noreago Drumgoole founded N & M Coach Lines in July 2020. The proceeds of the current crowdfunding round, with a minimum target of $25,000 and a maximum target of $40,000, will be used to purchase new equipment. N & M Coach Lines is one of the premier bus lines in the Richmond area and provides motorcoach services to Maryland Live, The Horseshoe Casino, and The Brand New MGM National Harbor.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

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: 10/27/2020
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N & M Coach Lines on MainVest
Platform: MainVest
Security Type: Revenue Share

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