Surf ATL

Surf ATL

Foster the joy of riding waves. In Atlanta.

Foster the joy of riding waves. In Atlanta.

Overview

Raised to Date: Raised: $61,450

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/05/2023

Close Date

03/07/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

5.00X

Rev. Share %

5.00%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/29/2024

Days Remaining

7

% of Min. Goal

123%

% of Max. Goal

50%

Likelihood of Max
unlikely
Avg. Daily Raise

$715

# of Investors

35

Momentum
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Year Founded

2020

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Atlanta, Georgia

Business Type

Life Style

Surf ATL is raising funds on Wefunder. It is a family-friendly surf park in Atlanta, Georgia, that is driven by the joy of wave riding. Surf ATL aims to make wave riding accessible and joyful for surfers and serve as a strong community hub to promote local culture and inclusive interaction. The surf park will offer experiential events and activities, lodging and glamping, food and beverages, training and tips, and sustainability initiatives. Spencer Broome founded Surf ATL in September 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for working capital to develop the surf park.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$15,924

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$25,000

$0

Accounts Receivable

$0

$0

Total Assets

$25,000

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 12/05/2023
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Surf ATL on Wefunder 2023
Platform: Wefunder
Security Type: Revenue Share

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