The Van Zant House

The Van Zant House

A historical property and birthplace of Southern Rock

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Security Type
SAFE
Categories
Entertainment
Min Investment
$250
Location
Jacksonville Beach, FL
Offering Date
October 23, 2020
Expected Close Date
December 21, 2021
Target Raise
$25.00K-$500.00K
Deal Notes

On completion of raise and payoff of existing mortgage held by CIVIC Financial, title will transfer to Van Zant House Inc. 

Funds Raised via SAFE Agreement, no voting interest.

Board of Directors will be selected from SAFE holders

Board of Directors will appoint President/CEO to run operations and oversee the property. 

Board of Directors via decide equity distributions as well as eventual disposition of property. 

Company Description

The Van Zant House is an historical property that the childhood home of Ronnie, Donnie, and Johnny Van Zant of the rock bands Lynyrd Skynyrd and .38 Special...the Birthplace of Southern Rock.

Musicians Ronnie, Donnie, and Johnny Van Zant spent their formative years growing up in this house between the 1950’s and the 1980’s.  While living here, a serendipitous foul ball off of the baseball bat of Ronnie Van Zant at a nearby park, struck a young Bob Burns on the head, knocking him unconscious.  This chance encounter led to what would soon become one of the most famous, hardest working, rock ‘n roll bands in the world, Lynyrd Skynyrd.  Gold and Platinum albums from millions of record sales adorned the walls of this home for many years as the band toured prodigiously all over the world.  Tragedy cut short the initial incarnation of Lynyrd Skynyrd, as four members of the band, including lead singer Ronnie Van Zant, perished in a plane crash in Mississippi on October 20th, 1977 after their touring plane ran out of fuel.  All other members of the band and crew were seriously injured.  Ten years later, Johnny Van Zant took over lead signing duties, as the Lynyrd Skynyrd was reborn with many of the original and contributing members.  Donnie Van Zant was a founding member and lead singer of the rock band 38 Special, a highly successful band in its own right.

Use of Proceeds

  • Repayment of existing debt - $250,000 + any payoff and title transfer expenses
  • Repayment of current owner - $200,000, $50,000 of which will be re-invested into the new entity
  • Reserves for replacements: $50,000

Management Team / Advisory Board Bios

Todd Smith
CEO

Deal Notes

On completion of raise and payoff of existing mortgage held by CIVIC Financial, title will transfer to Van Zant House Inc. 

Funds Raised via SAFE Agreement, no voting interest.

Board of Directors will be selected from SAFE holders

Board of Directors will appoint President/CEO to run operations and oversee the property. 

Board of Directors via decide equity distributions as well as eventual disposition of property. 

Amount Raised : $0
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Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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