Premier Party Cruises
Austin's best party boat & party barge rentals on beautiful Lake Travis
Overview
Raised: $150,300
Total Commitments ($USD)
Platform
NextSeed
Start Date
06/17/2020
Close Date
08/31/2020
Min. Goal
$120,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.30X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/05/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,031
# of Investors
168
Momentum
Funded
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Year Founded
2009
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Premier Party Cruises, a party boat and party barge rentals company, is raising funds on NextSeed. The company offers unique party experiences through party boat charters in Central Texas. It is the home of the ATX Disco Cruise for bachelor parties, and parties include private charters, captain, crew, and all amenities. Premier Party Cruises is led by Brian Hill and Justin Rossi and was founded in 2009. The current round of crowdfunding has a minimum goal of $120,000 and a maximum goal of $250,000, and the proceeds will be used as working capital to sustain the business during the COVID-19 pandemic. Premier Party Cruises has hosted over 2,000 successful cruises in the past ten years and is led by an experienced group of captains, crew, and management.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$547,482 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$17,224 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$189,465 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$106,403 |
$0 |
|
Total Liabilities |
$106,403 |
$0 |
Financials as of: 06/17/2020
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