Skidmark Garage

Skidmark Garage

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Security Type
Debt/Note
Categories
Service Businesses
Location
Cleveland, OH
Offering Date
May 11, 2020
Expected Close Date
June 26, 2020
Target Raise
$10.00K-$25.00K

Company Description

Skidmark Garage is a unique business model. It is a community access motorcycle garage that provides all the tools and lifts for members to work on their own motorcycles. It is not a traditional mechanic’s garage - there are no mechanics on duty at Skidmark Garage. It is a DIY garage where everyone is expected to not only work on their own personal motorcycles, but to offer help to every other member. It is a safe space for all where everyone has something to contribute.

Key Deal Facts

Skidmark Garage inspired the Esquire Network’s reality show “Wrench Against The Machine”.
The garage has been featured on the cover of several industry magazines.
Skidmark is the only currently operating Community Motorcycle Garage in America that has been open longer than 5 years.
Over 200 members have joined the Skidmark community since opening.
Tens of thousands of dollars worth of tools and machinery have been donated to the garage over the last 5 years.
Skidmark Garage is the only Community Motorcycle Garage in Ohio and all 5 of its bordering states.

Use of Proceeds

Working capital during the COVID-19 pandemic

Management Team / Advisory Board Bios

Brian Schaffran
Owner
Brian Schaffran earned his education degree from Cleveland State University. He has taught exclusively within the City of Cleveland at two different high schools. He worked for Packy Hyland as a solutions installer and trainer between teaching jobs (during a reduction in workforce). Brian was the host of a reality television show about custom motorcycle building in 2016 on The Esquire Network. In 2017, Brian started a non-profit called Motogo that has a mission to bring shop class back and teaches motorcycle maintenance at several schools throughout the greater Cleveland area.
Amount Raised : $10,700
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Security Description

A note is a financial security that generally has a longer term than a bill but a shorter term than a bond.

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