X Wine Railroad
Offering train excursions to popular wine regions in California
Analytics
Raised to Date: $5,200
Aggregate Commitments $
Wefunder
01/27/2021
03/25/2021
$50,000
$250,000
$100
Convertible Note
RegCF
Seed
$4,000,000
25%
Weekly Commitments $
Active
02/24/2021
28
10%
2%
$186
Henderson, Nevada
Travel and Hospitality
Non-Tech
B2C
High
High
X Wine Railroad, with a $4 million valuation cap, is raising crowdfunding on Wefunder. The company offers train excursions to popular wine regions between Los Angeles and Santa Barbara in California. The business is all female-owned and operated. Dianne David founded X Wine Railroad in 2017. The current crowdfunding round has a minimum raise of $50,000 and a maximum raise of $250,000, and the proceeds will be used for purchasing seats from Amtrak, salaries, marketing, and reserves for the full season of runs in 2021. X Wine Railroad generated $1.1 million in revenue and $624,000 in profits in its first year of operations in 2018. The services are expected to reopen in 2021 after service suspension due to COVID-19.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$1,040,494 |
|
COGS |
$0 |
$76,730 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-102,458 |
$624,054 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$11,599 |
|
Accounts Receivable |
$349,573 |
$460,308 |
|
Total Assets |
$849,573 |
$987,845 |
|
Short-Term Debt |
$16,695 |
$51,522 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$16,695 |
$51,522 |
Ratings
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For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.Other Deals
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