PLUGSBY, LLC

PLUGSBY, LLC

THE PLUGSBY HOUSE-A Creative Co-Living Community

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Security Type
Other
Categories
Service Businesses
Location
Los Angeles, CA
Offering Date
April 22, 2019
Expected Close Date
July 15, 2020
Target Raise
$85.00K-$107.00K
Deal Notes

Security Type: CAFES (Contract And Future Equity Stake)

$1.00 per share

Valuation
$1,062,500

Company Description

The Plugsby House has all of the tools necessary to be a successful franchise due to its small footprint, relatively low start-up costs, no need for licensed contractors to build out, can be shipped anywhere in the world economically. Anyone with passion for free-thinking will embrace this platform, students at The University of Southern California and USC itself are looking for housing solutions to support their homeless student population. Well, how about an indoor modular structure with a bedroom, a living room, soft memory foam flooring, free Wifi, flat screen, sofa, throw pillows LED soft lighting, indoor shower, fresh flowers and that's just inside every tent, there is another experience outside of their privacy and that is inspiration and support. All for $25 a day, and all done on the app! cashless & stress free. You design your pod, add your amenities, walk in the building and go straight to your modular pod heaven.

Use of Proceeds

50% POD Tents (1/2 Build-up), Furnishings, 2 iMac Laptops, Property Lease Payments, Materials

10% Salaries

10% Advertising/Marketing

2% (2) Electric Bicycles (Optional Guest Entertainment)

9% Fundraising expense

7% Miscellaneous

12% Emergency Funds Only

Management Team / Advisory Board Bios

William Jay Bennett
Founding CEO
I spent the last 25 years in TV/FILM and Sports Broadcasting. One of the hardest working multifaceted, free thinking minds. As a writer for the Wayans Bros to Technically Managing 3 NFL Super Bowls, 7 seasons of Major League Baseball and 7 Seasons of NASCAR to becoming a Two Time Emmy Award winner. Although appreciative, awards mean little to me. I champion for those who do not have a voice and that is the best reward.

Deal Notes

Security Type: CAFES (Contract And Future Equity Stake)

$1.00 per share

Amount Raised : $0
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