-
Security Type
-
CAFES
-
Categories
-
Alcohol, Retail
-
Min Investment
-
$100
-
Location
-
West Palm Beach, , FL
-
No. Investors
-
35
Key Deal Facts
This is a fully operational relaunch of a proven success, not another high-risk start-up.
ZERO sugar, carbs, gluten, this 60-calorie rum is perfect for today's clean, healthy lifestyles.
Won many globally significant awards, showing status as a top, Ultra Premium product worldwide.
700% growth from 2022 to 2023.
Converting females and non-rum drinkers from vodka and tequila, not just other rums.
Vodka, Tequila, and Whiskey are crowded with sameness. Ultra Premium Rum is highly undervalued.
Rapid growth into 35 states, via Total Wine, Reserve Bar, Caskers, UberEats and more.
Island Company is well-known as a 5-star luxury resort lifestyle brand already respected worldwide.
Management Team / Advisory Board Bios
Spencer Antle CEO/Creative DirectorProven record of delivering high-quality luxury products to the 5-star tropical resort market. Founder of the Island Company lifestyle brand. Only apparel CEO to earn Inc 5000 fastest-growing companies 6 years in a row. He is an award-winning filmmaker., Ken Holmstrom Business & Strategic AdvisorKen has over 25 years professional experience building companies and helping them scale wisely in Private Equity, strategy consulting, or at small, midsized, Fortune 500 companies. He graduated Harvard Business School., Nicholas Bullmore Legal Advisor & InvestorNick is the Managing Partner of the Cayman Islands office of an international law firm. He advises hedge funds, private equity funds and family offices and is a graduate of Oxford University., Pete WarrilowMedia Director / Co-FounderPete has been Spencer's Cinematographer for 30 years and together they have mastered nearly 100 award-winning commercials and short films. During his career he has shot 6,000+ commercials. He helped found and design the rum., Denise CostantinoFinancial Advisor / Co-FounderDenise has a strong career history of success in Finance & Accounting and Operations, spanning start‐up, rapid growth, creative and sales. She was Island Company’s CFO and instrumental in leading IC to INC 5000 fastest growing companies 6 years in a row., Gramps MorganLifestyle + Entertainment AdvisorMulti-Grammy award-winner and Reggae mega-star. Gramps and Spencer will be building both the Island Company Rum brand and Gramps' new lifestyle brand and Spencer's new 'Island Luxury™' brand., Mike Stein Beverage Industry Advisor
Accomplished sales professional worked with Robert Mondavi, Pernod Ricard and extensive experience managing wine and spirits portfolios with distributors across the country. Record of profitable business results in highly competitive industry., Mike MansfieldBusiness & Strategic AdvisorMichael Mansfield is a seasoned executive with 25+ years in oil & gas and 30+ years of military experience. He excels in global business, strategic planning, and risk management. Mike is a US Navy Captain and has extensive overseas experience.
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
A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.