Lustro Comments

Discuss this Deal with other Investors

Lit Vodka

Print
Claim My Business
Security Type
Common Stock
Categories
Alcohol
Min Investment
$249
Offering Date
October 03, 2023
Expected Close Date
January 02, 2024
Target Raise
$15.00K
No. Investors
171
Website
getlitvodka.com

Company Description

Lit Vodka is a bold new ultra-premium vodka delivering thrilling branding and affordable luxury in Tennessee and Georgia with plans of expansion to other states.

Management Team / Advisory Board Bios

Trinidad VillegasCEO & Board DirectorTrinidad initially served as President of the company for Lit Vodka. Instrumental in the initial marketing and sales strategies, his focus was on expanding the brand through various media platforms. This strategy produced an unprecedented number of sales with over 4000 cases sold within the first (14) months of the business. Trinidad holds a bachelor’s degree in marketing and his current role is as the CEO for Lit Vodka.  Trinidad started his entrepreneurial endeavors at the age of 21. He founded a landscape management company in the backyard of his parent’s house while completing his college education. Through hard work and perseverance, he turned his company into a multi-million dollar-a-year business, now one of the largest in the state that services over a 150-mile radius and operates with close to 100 employees.   Trinidad also works 20 per week as CEO of Outdoor Solutions in addition to working 30 hours per week in his roles with Lit Vodka. Nick Smith President & Board DirectorNicholas Smith was the founder and President of Supercharged Beverage Company that was established in 2016. Nick had a vision for a new type of sports drink in an emerging category that was inspired by a childhood vision, dating back to the success of Gatorade with the alliance formed with Michael Jordan. Nick executed that vision and launched Supercharged in 2017 with overnight success. Nick was able to capitalize on the quick success and sold the company to a private investment group by mid-2018. Nicholas Smith has over 13 years of background experience in water control management from his previous work history, which helped him with his research in this category and aided in his focus on a quality product with great taste. Nicholas currently handles all distribution networks and relationships for Lit Vodka.  Nick is the President of Lit Vodka.,

Amount Raised : $305,584
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Common stock is a security that represents ownership in a corporation.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments