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Security Type
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Revenue Sharing
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Categories
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Travel
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Min Investment
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$100
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Offering Date
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June 17, 2020
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Expected Close Date
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August 31, 2020
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Target Raise
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$120.00K-$250.00K
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Deal Notes
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Investment Multiple: Up to 1.3x
Revenue Sharing Percentage: 18%
Maturity: 48 months
Payments: Monthly
Company Description
Premier Party Cruises is a completely unique experience when it comes to party boat charters in Central Texas. The name alone, Premier Party Cruises, encapsulates exactly what the business is all about. Premier Party Cruises is the only company in Austin offering a full suite of event planning services to help you create the best possible day on the water, an experience you’ll remember for years to come.
Perks
$100+ 1 Ticket to Investor Disco Cruise
$200+ 2 Tickets to Investor Disco Cruise
$500+ 6 Tickets to Investor Disco Cruise
$1,000+ 10 Tickets to 2021 Investor Disco Cruise + Free Private Cruise for 50 People + 2 Tickets to Annual Investor Cruise Every Year
$2,000+ 10 Tickets to 2021 Investor Disco Cruise + 2 Free Private Cruises for 50 People + 2 Tickets to Annual Investor Cruise Every Year
$3,000+ 10 Tickets to 2021 Investor Disco Cruise + 3 Free Private Cruises for 50 People + 6 Tickets to Annual Investor Cruise Every Year
$4,000+ 10 Tickets to 2021 Investor Disco Cruise + 4 Free Private Cruises for 50 People + 10 Tickets to Annual Investor Cruise Every Year
$5,000+ 10 Tickets to 2021 Investor Disco Cruise + 6 Free Private Cruises for 50 People + 10 Tickets to Annual Investor Cruise Every Year
$10,000+ 10 Tickets to 2021 Investor Disco Cruise + 10 Free Private Cruises for 50 People + 10 Tickets to Annual Investor Cruise Every Year
Key Deal Facts
Cruise Credits are Fully Transferable and Never Expire!
Austin's Best Party Boat Rentals on Beautiful Lake Travis for 5 to 50 Guests
4-hour Private Charters, Captain, Crew, & Amenities on Boats All Provided
Paddleboards, DJ & Photography Services, Lily Pads, & Catering Available with Every Cruise
Home of the World Famous ATX Disco Cruise for Bachelorette & Bachelor Parties
In Business for 10 Years, Operate 3 Boats, & Have Hosted over 2,000 Successful Cruises
Experienced, Friendly Group of Captains, Crew , & Management Staff
Best Customer Service & Best Reviews in Town
Perfect Event Venue for Outings of All Sizes with Friends, Family, & Coworkers!
Use of Proceeds
Per the terms of NextSeed's Community Bridge Note program, funds raised from this campaign will be used as working capital in order to sustain business operations during the economic slowdown attributed to the COVID-19 pandemic.
Management Team / Advisory Board Bios
Brian Hill
EXPERIENCE OPTIMIZATION ENGINEER
A native of Central Texas, Brian earned a Mechanical Engineering degree from The University of Texas at Austin before putting his skills to work designing and building the boats for Premier Party Cruises. In addition to building and maintaining the boats, Brian has been managing the day-to-day business operations, designing and building new boats, and optimizing the sales, marketing and web design for the past 11 years.
Justin Rossi
CHAOS MANAGEMENT EXPERT
Justin has been with the company since its inception. If the fleet and the crew are the bones and muscles of the company, Justin is the nervous system. He controls the flow of information, and makes and implements systems to ensure everything runs smoothly from the first time a guest visits our website to the day of their awesome event. He prides himself in being prompt and helpful when it comes to making sure our customers have the best experience possible. Customers have always said that Justin's level of professionalism, willingness to go above and beyond, and friendly and helpful personality set us apart from other companies that they reached out to, and often was the determining factor in them ultimately choosing Premier Party Cruises. He can cook, too.
Deal Notes
Investment Multiple: Up to 1.3x
Revenue Sharing Percentage: 18%
Maturity: 48 months
Payments: Monthly
