Jabberwock Reptiles

Jabberwock Reptiles

Pet Store

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Security Type
Revenue Sharing
Categories
Consumer Goods & Products
Min Investment
$100
Location
Winchester, MA
Offering Date
October 13, 2020
Expected Close Date
December 09, 2020
Target Raise
$40.00K-$70.00K
Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $150. They will owe you this amount by 10/1/2028, regardless of revenue.

Company Description

We started Jabberwock Reptiles because of a single leopard gecko!  My background as a scientist led to an interest in leopard gecko breeding, and before I knew it I had close to 100 geckos! I found the hobby to be fun and rewarding, but had to drive hours to find products and services. So 9 years ago Jabberwock Reptiles was born. [cite paper article]

I am proud to say that Jabberwock Reptiles is now a market-leading local reptile store in the Greater Boston and surrounding New England area. We have built deep roots in the community over the past 9 years, providing reptile enthusiasts and casual pet owners alike with curated top of the line products, specialized services and personalized customer advice. We take our role seriously, and listen carefully to our customers. 

Our customers come in not only to purchase our products and services but to be part of the Jabberwock community, often lingering in the store to enjoy conversations with other customers and staff.

Use of Proceeds

  • Space Build-out: $30,000
  • Equipment: $15,000
  • Operating Capital: $20,800
  • Mainvest Compensation: $4,200

Management Team / Advisory Board Bios

Stephen Ayer
President
Stephen Ayer is the Founder and President of Jabberwock Reptiles Inc. Stephen began his career studying biology, and worked in academic and bio technology before launching a successful web based business in 2001. In 2011 Stephen started Jabberwock Reptiles.

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $150. They will owe you this amount by 10/1/2028, regardless of revenue.

Amount Raised : $41,900
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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