GolfSuites 1, Inc.
Regulation Crowdfunding offering on PicMii · Form C filed October 14, 2026 · Riverview, Florida
GolfSuites 1, Inc. is a Delaware corporation incorporated October 24, 2018, in Brandon, Florida, that is developing indoor venues of about 5,500 square feet with golf simulators, duckpin bowling, darts, a bar and a limited kitchen. It is early-stage, operating three outdoor driving-range sites while pivoting toward indoor venues, and its franchise sales depend on FTC approval of franchise disclosure documents that the Form does not say have been received.
Profile details below were extracted automatically from the issuer's filing documents. Figures in the financial table come directly from the SEC's structured Form C data.
Offering terms
- Security
- Class A Common Stock
- Maximum
- $5,000,000.00
- Price
- $5.00 per unit
- Pricing method
- At the issuer's discretion.
- Deadline
- February 28, 2027
- Oversubscriptions
- Accepted
- Intermediary
- PicMii Crowdfunding LLC
Funding portal, SEC file 007-00246 - Intermediary fee
- Intermediary will receive cash compensation equal to 4.9% of the value of the securities sold through Regulation CF and a $5,000 listing fee.
- Intermediary equity
- N/A
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $3,355,509 | $4,771,396 |
| Cost of goods sold | $574,745 | $714,070 |
| Net income (loss) | -$4,110,265 | -$280,501 |
| Total assets | $3,220,516 | $23,714,301 |
| Cash and equivalents | $22,600 | $371,986 |
| Accounts receivable | $280,525 | $271,434 |
| Short-term debt | $171,722 | $6,643,998 |
| Long-term debt | $2,537,338 | $224,184 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 50 employees. Offered in 64 states.
Use of proceeds
At the $5,000,000 maximum, development costs take 75.1% ($3,755,000), overhead 10% ($500,000), franchise 10% ($500,000) and the PicMii portal fee 4.90% ($245,000).
Valuation
Class A Common Stock at $5.00 per share. The Form states a $107,544,785 pre-money valuation. Valuation cap, discount and interest rate: Not stated. The offering page exhibit states a valuation of $288,856,050, which conflicts with the Form.
Prior raises
October 19, 2023: Regulation A equity, $827,061 sold (82,706 securities), for overhead and franchise costs. March 11, 2025: Regulation A equity, $0 sold (0 securities). The Form also references historical founder, Reg A and Reg D financing of approximately $35 million, with no dates or breakdown.
Financial statements
Audited by PARTNERS Certified Public Accountants, Pembroke Pines, Florida, with a report dated October 14, 2026 that includes going concern language. At December 31, 2025, total assets were $3,220,516, total liabilities $5,366,434 and stockholders' deficit $(2,145,918).