N & M Coach Lines

N & M Coach Lines

Closed: Jan. 2021

About this raise

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.

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Investment Overview

Not Funded: $500

Deal Terms

Total Commitments

Platform
MainVest
Start Date
10/28/2020
Close Date
01/06/2021
Min. Goal
$25,000
Max Goal
$40,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Company & Team

Company

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
Company Website
Visit Website

Team

Employees
1
Founder Name
Noreago Drumgoole
Title
Founder

Financials

 Revenue
$0
 Cash on Hand
$0

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/06/2021 MainVest - $500 Revenue Share Not Funded RegCF
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N & M Coach Lines on MainVest
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, N & M Coach Lines may no longer be accepting investments.

N & M Coach Lines Deal Report

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