N & M Coach Lines
Travel & Transport
Overview
Raised: $500
Total Commitments ($USD)
Platform
MainVest
Start Date
10/27/2020
Close Date
01/06/2021
Min. Goal
$25,000
Max. Goal
$40,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($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
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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