the first and only floatable, non-attached, portable sup seat there is no company offering...

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Page 1: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only
Page 2: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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•The first and only floatable, non-attached, portable SUP seat

•There is no company offering non-attached, floatable, portable SUP seats or stools

•The only real competition for VentureGlide® is no seat at all!

VentureGlide®

Page 3: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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VentureGlide® seat folds to transport and store easily on your paddleboard

Page 4: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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• Wall Street Journal – July of 2010: “Stand-up

paddling is the fastest-growing segment of the surf industry,” according to Sean Smith, executive director of the Surf Industry Manufacturers Association

• Recent SIMA Study: 2008 SUP Sales = $7.2 billion

• The SUP market is very different from the surfboard

market – more mature and wealthier users

The SUP Market

Page 5: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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VentureGlide® sets up in a flash! No need to fasten it to the board.

Page 6: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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STANDUP Paddle Magazine (June 2012):

• The largest male age demographic in the market

is 35-44 years old – i.e. established, mature men

• The number of SUP users is expected to grow

more than 10 times by 2016

• The growth of SUP sales outside the U.S. will rise over 500% in the next 2-3 years

SUP Market Demographics

Page 7: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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Beach Craft is a start-up company that could develop management and supply difficulties.

Answer:

Beach Craft is staffed with seasoned executives

experienced with start-up problems and theirsolutions. When competition arrives, they willbe ready.

Potential Problems & Opportunities

Page 8: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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The SUP industry is relatively new and “hard” sales and user numbers are not readily available.

Answer:

Using its extensive knowledge of the surfboard

industry, SUP industry contacts, and reliable SUP

industry media , Beach Craft management is

confident of projected sales goals. We will be prepared to dominate the market.

Potential Problems & Opportunities

Page 9: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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VentureGlide® is Beach Craft’s only product line.

Answer:

Although VentureGlide® is its first and onlyproduct, Beach Craft has already designedseveral follow-up products to offer the SUPMarket.

Potential Problems & Opportunities

Page 10: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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Fishing, Touring, Sightseeing or Exercising!

Page 11: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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The Outdoor Foundation (Boulder, CO)

conducted 38,172 Interviews in 2012.

Findings: • In 2011, 60% SUP users tried SUP for 1st time• 1st-time SUP users had a median age of 30• The number of active SUP users rose 18% -

from 1,050,000 in 2010 to 1,242,000 in 2011

SUP Market Trends

Page 12: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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Ease of Use

VentureGlide® has a non-skid base, allowing you to place it where you need it.  

Page 13: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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• Secure sufficient capital• Build retail sales force• Improve and expand website• Organize effective long-term staff• Reach and exceed sales and profit goals• Provide consistent product quality and

customer service

Short-Term Goals

Page 14: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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• Monitor and respond to competition –

when it comes• Maintain market dominance• Introduce new, related products• Ensure cash flow meets operating needs

and dividend projections• Ensure that ROI for original investors is at

least 1,000% after five years of operations

Long-Term Goals

Page 15: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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• Needed Capital Goal: Raise $300,000 through

the sale of 4,600 common voting shares at $65.00

each

• Build a profitable, quality company, able to grow

and pay dividends

• “Exit Plan”: Seek a sale in approximately 2018

• Shareholder ROI at year five - at least 1,000%

Capital Requirements and Investment Opportunity

Page 16: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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Years: 2013       2014       2015     2016       2017       2018   Units Sold:                 2,000     5,000      7,500   15,000    30,000   50,000     Revenue ($000’s)      $237       $641   $1,104   $2,422   $5,271    $9,070   Expenses ($000’s)     $208       $509      $760    $1,344   $2,452    $4,701   EPIT ($000’s)                $29        $132      $344   $1,078   $2,819    $4,369     EPS (10,000 shares)       $3         $13         $34      $107       $281       $436     ROI ($65/share cost)   4.5%     20.3%   52.9%   165.8%   433.7%  672.2% 

Pro-Forma Financial Highlights

Page 17: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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• SUP industry fastest growing part of water sports

• SUP users to grow more than 10 times by 2016

• Sales of SUPs outside USA to grow 5 times by 2015

• THE unique seat, VentureGlide® will dominate

• Five-year projections - 1,000% ROI to investors

The Opportunity - Summary

Page 18: The first and only floatable, non-attached, portable SUP seat There is no company offering non-attached, floatable, portable SUP seats or stools The only

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If you are familiar with the SUP industry and/or SUP

use, you recognize the opportunity presented by

VentureGlide®.

If you are not familiar with the SUP industry and/or

SUP use, ask any SUP user and they will tell you –

in no uncertain terms.

To learn more, contact: Dave Hancock

[email protected] 1-858-414-4334

These deals don’t come every day

4/26/13