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  • dropin® Remote Work Spaces

  • Sacramento, CA, USA
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 GoWorking™
 Overview


The world has changed the way it works. The next normal for how, when, and where people work has now made a major shift to remote working. Many organizations are progressively moving toward a "hybrid" work anywhere model, meaning that a vast majority of employees will now be working partly from the main office, partly from home, and partly from a "third space."

This is exactly why we designed and launched a network of dropin® goworking workspaces. dropin® is your third space between the home and office, conveniently located in your neighborhood in street-level retail centers, next to great coffee, food, and other lifestyle amenities so you can be productive and get your best work done. 

Would you like to be a part of our newest expansion to the Sacramento metropolitan area?  If so, you can now own equity for a minimum investment of $5,000 and earn up to 25% IRR.   Click the green "Invest Now" button to get started.
 
A global survey by Accenture found out that 79% of workers would like to work from a “third space.”
 This is a location other than their home or office.
— Forbes, April 2021

Remote Work Market
Below are just a few of the statistics which demonstrate and forecast this shift in the work environment:
  • 70% of professionals work remote at least one day a week.
  • 53% of professionals work remote at least half the week.
  • There are 57 million freelancers in the U.S. representing 35% of the nation’s workforce. 
  • 50% of the working U.S. population will turn to freelance work over the next five years.
  • This trend will continue and by the year 2028 there will be 90.1 million freelancers

"Remote Work is the driving force behind the coworking industry."
 - A study by Cushman and Wakefield, estimates that coworking is growing at a rate of 10-15% annually.


COVID-19 Effect
Effects of COVID-19 on the Remote Work Industry:
 
"This crisis is going to shift work permanently."
— Mary Kay Henry, international president of the Service Employees International Union.
 
"We’ll see much more remote work, we’re predicting by the end of 2021, it’ll be more like 30 percent of people (will work remote). "
— Kate Lister, president of Global Workplace Analytics
 
"After a couple of months of lockdown and working at home, millions of people will be eager to work from somewhere else, anywhere else."
— Forbes Magazine

Remote Workspace

Company Info

 GoWorking™
 Company


Dropin Enterprises, Inc. (DEI), dba dropin®, is a start-up coworking type company founded and based in Redding, California, in 2016.  DEI fully owns and operates a flagship dropin® location in Redding, California. 

DEI will develop, operate, and serve as the Manager for the up to 5 or more Sacramento metropolitan area locations that will be established and funded by the Dropin Investment Fund I, LLC.

Investment Highlights

 GoWorking™
 Investment


Strategic Plan
Dropin Investment Fund I, LLC, (the “Company”) is a California limited liability company that will lease retail space in and around the Sacramento metropolitan area of California on a long-term basis, develop the properties, and operate up to 5 or more locations as remote workspace under the dropin® brand. 

Operational Model
Each dropin® location consists of a variety of ergonomically designed tables, desks, and chairs that are available on a first-come, first-serve basis.  Hospitality is of the highest priority and each space is fully hosted during all hours of operation. The simple pay-as-you-go pricing plans are accessed directly through the dropin® app/web-app. 

Other amenities and features include:
 
  • Neighborhood Locations next to great coffee.
  • Street-level, Retail, Commercial store-front visibility.
  • High Speed and Secure Wi-Fi Internet and LAN ports.
  • Modern Design with a variety of Ergonomic Workstations.
  • Pay-As-You-Go Pricing Plans by the Hour, Day, Week, or Month.
  • Collaboration Space, Meeting Rooms, Quiet Zones, and Video Call Booths.
  • A Community of Remote Workers, Freelancers, Business Owners, and Entrepreneurs.

Offering
Up to 600 Membership Interests in the Dropin Investment Fund I LLC 
Maximum Raise: $3,000,000.
Minimum Raise: $600,000.
Offering Type: Regulation D; Section 506(c); Accredited Investors Only. 
Offering Type: Regulation S; Foreign Investors.
Minimum Investment: $5,000 with increments of $5,000 thereafter

Investors will share in the Distributable Cash Flow generated at the locations developed with the proceeds of this offering. The rights of the Investors are set forth in the “Operating Agreement” that accompanies this offering. 

More Info:

Sacramento, California, Population 2020
Sacramento is the capital of the state of California and the seat of government for Sacramento County. Sacramento is also the 6th largest city in California and the 35th largest in the country. 

The current estimated population of Sacramento is 521,769.  The urban Sacramento area has a population of 1.44 million while the Sacramento metropolitan area -- which includes seven counties -- has an estimated population of 2.66 million.  This is the fourth largest metro area in California after Los Angeles, San Francisco and San Diego, and the 27th largest in the United States.

Sacramento is projected to grow by 54% to 2.2 million by 2060.

New Locations

Financial Snapshot

  • Investment Type: Real Estate
  • Offering Type: Equity
  • Funding Goal: $3,000,000
  • Minimum Investment Amount: $5,000
  • Use of Funds: Buildout, Furnish, Open up to 5 or more Locations
  • Expansion Plans: Planned Future Locations in Multiple Metro Areas
CAPITAL STACK

Total

Financial Highlights

    • 70% of professionals work remote at least one day a week
    • 53% of professionals work remote at least half the week
    • Freelancers are the largest coworking demographic in the world
    • Currently there are 57 million freelancers in the US representing 35% of the nation’s workforce
    • More than 50% of the working US population will turn to freelance work over the next five years
    • This trend will continue and by the year 2028 there will be 90.1 million freelancers
    • Freelancers by Demographics: Gen Z: 53%, Millennials: 40%, Gen X: 31%, Baby Boomers: 29%

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Documents

Project Title Document Title Action
dropin® Remote Work Spaces Investment Fund 1 View
dropin® Remote Work Spaces Operating Agreement View
dropin® Remote Work Spaces Intellectual Property License View
dropin® Remote Work Spaces Financial Summary 2021 View

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Terms

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Investment Summary

  • Deal Type: Revenue Sharing
  • Sponsor: Dropin Enterprises, Inc.
  • Hold Period: 3 YR.
  • Investor Yield: 25%
  • Funding Goal:$3,000,000
  • Investment Type: Real Estate
  • Min. Investment: $5,000
  • Dropin Slide Deck 2021
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  • dropin®
     Greg Ramsey
     (530) 945 4726
     greg@dropin.mobi

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