W Motorhome Sales North America

W Motorhome Sales North America

Early Stage

Bringing Europe’s Most Innovative Motorhomes to America

Bringing Europe’s Most Innovative Motorhomes to America

Overview

Raised this Round: Raised: $526,171

Total Commitments ($USD)

Platform

StartEngine

Start Date

05/29/2023

Close Date

08/24/2023

Min. Goal
$14,999
Max. Goal
$1,235,000
Min. Investment

$252

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.25

Pre-Money Valuation

$21,000,000

Year Founded

2022

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

CommerceTech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

High

Location

WESTPORT, Connecticut

Business Type

Growth

W Motorhome Sales North America, with a valuation of $21 million, is raising funds on StartEngine. The company is bringing compact, technologically-advanced, and luxurious motorhomes to customers in North America. It is an exclusive distributor of Wingamm Group’s recreational vehicles in North America and has already received 10,000 inquiries and 200 pre-orders. The revenue generated from the sales of the RVs will be attributed to the authorized dealership partners of W Motorhome Sales North America net of a dealership processing fee and certain allowed costs. Tony Diamond and Michael Sloan founded W Motorhome Sales North America in September 2022. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, sales and marketing, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-291,789

$-61,064

Summary Balance Sheet

FY 2022 FY 2021

Cash

$1,491,416

$36,442

Accounts Receivable

$0

$0

Total Assets

$1,493,916

$38,942

Short-Term Debt

$231,680

$52,505

Long-Term Debt

$1,450,000

$0

Total Liabilities

$1,681,680

$52,505

Financials as of: 05/29/2023
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W Motorhome Sales North America on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $21,000,000
Price per Share: $5.25

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