N & M Coach Lines LLC

N & M Coach Lines LLC

Travel & Transport

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Security Type
Revenue Sharing
Categories
Service Businesses
Min Investment
$100
Location
Richmond, VA
Offering Date
October 27, 2020
Expected Close Date
January 06, 2021
Target Raise
$25.00K-$40.00K
Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $170. They will owe you this amount by 1/1/2027, regardless of revenue.

Company Description

At N & M Coach Lines, we strive to go beyond the ordinary. Our service creates experiences you remember beyond the rides. Our clients pick N & M for clean, reliable and on time transportation.

N & M Coach Lines provides Party Buses & Stretched Limousines for any type of event or occasion. Whether it’s a wedding, an adult prom, night on the town, corporate business outing, or a sporting occasion N & M is there for you!!!

Key Deal Facts

Wedding Specialties
Over The Road Transportation
Prom Services
Corporate Services
Party Transportation
Airport Services
Tour Services

Use of Proceeds

  • Equipment : $22,600
  • Operating Capital: $15,000
  • Mainvest Compensation: $2,400

Management Team / Advisory Board Bios

Noreago Drumgoole
Owner/Operator
Noreago Drumgoole the founder of N & M Coach Lines LLC. I've been in the Motorcoach Transportation Industry going on 4 years.

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $170. They will owe you this amount by 1/1/2027, regardless of revenue.

Amount Raised : $500
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Valuation

Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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