The Van Zant House

Birthplace of Southern Rock

Analytics

Raised to Date: $3,500

Aggregate Commitments $
Platform

Fundme

Start Date

01/15/2021

Close Date

12/21/2021

Min. Goal

$25,000

Max. Goal

$500,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Rolling Commitments $
Status

Active

Reporting Date

04/21/2021

Days Remaining

243

% of Min. Goal

14%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$36

Momentum
cold
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Location

Jacksonville Beach, Florida

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

The Van Zant House, historical property in Florida, is raising funds on FundMe. The property was the childhood home of Ronnie, Johnny, and Donnie Van Zant, known for their rock bands Lynyrd Skynyrd and .38 Special. The property is a work in progress and will be used for vacation rental. Todd Smith purchased The Van Zant House in 2015. The current round of crowdfunding has a minimum raise of $25,000 and a maximum raise of $500,000, and the proceeds will be used for repayment of debts and reserves for replacement. The Van Zant House is the cradle of Southern Rock and stands as a living tribute to the Van Zants.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$50,972

$48,317

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-63,358

$-12,455

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$3,717

$39,112

Accounts Receivable

$10,405

$10,405

Total Assets

$258,051

$158,909

Short-Term Debt

$250,000

$87,500

Long-Term Debt

$0

$0

Total Liabilities

$250,000

$87,500

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