Sterling Transportation

Entertainment-related transportation company

Analytics

Raised to Date: $1,500

Aggregate Commitments $
Platform

TruCrowd

Start Date

04/30/2021

Close Date

10/15/2021

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$200

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$2,000,000

Rolling Commitments $
Status

Active

Reporting Date

05/12/2021

Days Remaining

153

% of Min. Goal

15%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$125

# of Investors

2

Momentum
cold
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Location

Whiteland, Indiana

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Sterling Transportation, with a pre-money valuation of $2 million, is raising funds on TruCrowd. It is a transportation company that organizes bus tours with a high customer service mindset. The services of Sterling Transportation include trips to wineries, bachelorette night outs, wedding transportation, and prom transportation. Robert John Zajac founded Sterling Transportation in May 2016. The current crowdfunding round has a minimum raise of $10,000 and a maximum raise of $1,070,000, and the funds will be used to add offices and garages, make additions to the fleet, hire management, and disrupt seasonality. Sterling Transportation has 432 5-out-of-5-stars reviews online and is known for its excellent customer service.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$68,741

$173,009

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-45,193

$-12,364

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$5,270

$4,276

Accounts Receivable

$0

$0

Total Assets

$90,347

$99,476

Short-Term Debt

$65,537

$56,340

Long-Term Debt

$124,325

$108,030

Total Liabilities

$189,862

$164,370

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