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Security Type
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Common Stock
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Categories
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Retail
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Min Investment
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$150
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Offering Date
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August 30, 2021
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Expected Close Date
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February 28, 2022
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Target Raise
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$10.00K-$1.07M
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No. Investors
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202
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Security Price
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$1
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Valuation
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$9,020,000
- Number of Employees
- 4
- Cash
- $1,577
- Revenue
- $396,429
- Short Term Debt
- $1,927
- Cost of Goods
- $143,013
- Long Term Debt
- $498,618
- Net Income
- $-14,713
Company Description
Argex Beverages is a ground floor, young innovative Beverage Company. We are a young innovative beverage company that believes in high quality craft spirits with unique and exciting packaging with brands including Devant champagne and 3 Tres Tequila. We understand that high-quality products and bold presentation go hand in hand.
Key Deal Facts
Strong relationships with Southern Wine, Breakthru Beverage, Empire Merchants and RNDC. Devant Champagne is distributed by RNDC in Hawaii, California, Arizona, Texas, Florida, Georgia, Washington DC, Illinois and Colorado. Southern Wine in Nevada and Empire Merchants in New York. 3 Tres Tequila is distributed by RNDC Hawaii, California and Arizona and Breakthru Beverage in Nevada.
The growth of our brands and need for innovation in the beverage space is built for quick scaling and acquisition. We are looking at a 5 year exit strategy.
Buyers often like virtual companies, as they can quickly scale the brand by offering Synergistic enhancements. This means lower costs, shipping, expanded distribution and sales staff. Current evaluation is around $9 million.
Management Team / Advisory Board Bios
Mark Becker, CEO, President, and Director
Mark has an extensive history of achieving exceptional results, employing transformational growth strategies, and driving products in highly competitive environments for several multi-million dollar brands as well as startups across the nation. His expertise in business development and ability to leverage key business relationships earned him over 20 years of successfully developing the vision of any company he manages, including launching several of his own prominent brands. Currently, Mark is focused on Argex Beverages and creating brands for the World to enjoy!Notable Achievements:Key Member of the team that built Armand De Brignac Ace of Spades & Champagne and Belaire Sparkling. Youngest Vice President in Young Market History at 28 years old, accountable for the market penetration of 5,000 labels. Lead strategical direction for Beam Global Brand portfolio expanding across 11 states - Jim Beam, Absolut, Sauza Tequila Geyser Peaks Wines. Western Region of Sovereign Brands responsible for transforming products like Armand de Brignac "Ace of Space" and Belaire Rose Sparkling into the well-known brand names today covering 14 States.
Keli'i Heen, National Sales Manager, Secretary, and Director
20+ years of leadership experience with the ability to set up new businesses, conduct sales, develop alliances, manage client relationships, and team leadership across multiple domains. Kelii unique combination of sales experience, deep understanding of technology, and full product ownership have proven successful in launching startups and achieving consistent growth with numerous prominent companies. His ability to forge valuable partnerships and smoothly handle complex negotiations ensures strategic benefits and organizational profitability are achieved.