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Categories
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Retail, Consumer Goods & Products
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Min Investment
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$300
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Location
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Bernardsville, NJ
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Expected Close Date
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April 29, 2024
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Target Raise
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$50.00K-$500.00K
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No. Investors
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401
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Security Price
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$2
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Valuation
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$9,543,000
- Number of Employees
- 1
- Cash
- $34,552
- Revenue
- $560,032
- Short Term Debt
- $344,464
- Cost of Goods
- $153,922
- Long Term Debt
- $0
- Net Income
- $-285,027
Key Deal Facts
The US trash bags market was $2.72 billion in 2021 & projected to be $3.83 billion by 2027
Fast Bags Corp increased sales by 277% from Jan - July 2022 over the same period in 2021
The company has secured 5 US & Canadian Utility Patents and Trademarks
Our biodegradable trash bags degrade in 2-3 yrs compared to 1,000 yrs for conventional bags
100% Made in the USA by Veterans and People with Disabilities
Saves Time & Money in commercial settings, 2hrs per 100 bag changes
Veteran owned & operated
Management Team / Advisory Board Bios
Jack Licata PresidentUS Air Force Veteran
Captain - Nuclear Missile Launch Officer