the first and only floatable, non-attached, portable sup seat there is no company offering...
TRANSCRIPT
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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®
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VentureGlide® seat folds to transport and store easily on your paddleboard
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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
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VentureGlide® sets up in a flash! No need to fasten it to the board.
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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
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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
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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
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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
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Fishing, Touring, Sightseeing or Exercising!
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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
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Ease of Use
VentureGlide® has a non-skid base, allowing you to place it where you need it.
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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
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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
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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
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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
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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
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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