-
Security Type
-
Membership Units
-
Categories
-
Consumer Goods & Products
-
Min Investment
-
$99
-
Location
-
Jacksonville, FL
-
Offering Date
-
November 02, 2021
-
Expected Close Date
-
March 01, 2022
-
Target Raise
-
$10.01K-$1.07M
-
Security Price
-
$9
-
Valuation
-
$9,000,000
- Number of Employees
- 2
- Cash
- $3,000
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-32,251
Company Description
The Palácio Corporation is a three-division diversified designer and manufacturer of products and accompanying services for the $295 billion luxury products market, the $450 billion health and wellness market, and the $130 billion selected premium consumer products market.
Key Deal Facts
Palácio Living is our Fitness, Health and Wellness brand.
Our lead sub-brand is Palácio Fitness, which plans to offer gorgeous home fitness equipment that is meant to be proudly displayed in ones home.
We introduce our beautiful PetraBell line of Load-Lock dumbbell sets.
Coming soon: Palácio Fitness plans to offer online fitness/health classes!
Palácio International features our luxury products.
Palácio International plans to offer luxury enthusiasts a revolutionary, patent-pending collectible, the QVONTUM (pronounced “Quantum”), in four unique lines.
We built and intend to launch via our custom e-commerce site, this division features the QVONTUM.
Palácio Innovations plans to manufacture premium consumer goods such as the Solari beach and pool companion.
Use of Proceeds
- Compensation for managers
- Rent and Equipment
- Marketing
- Manufacturing/Product Acquisition
- Contractor payroll
- Intermediary fees
Management Team / Advisory Board Bios
John F. Ambielli, Co-founder and CEO
Chief Executive Officer John F. Ambielli brings ideally suited experience to Palácio. He earned a BS and MEng in electrical engineering from Cornell University as well as an MS in Materials Science and Engineering from Lehigh University.
Maria Ambielli, Co-founder and CSO
Chief Strategy Officer Maria Ambielli oversees global brand strategy for Palácio’s three operating divisions, bringing both her twenty-five years of experience in pharmaceutical and medical device GMP expertise as well as her tri-lingual (English, Portuguese, Spanish) communication skills to the global reach of Palácio as a premiere deliverer of high-end products (akin to the level of quality of medical devices).
John Riddell, Operations
Strategic leader with a keen ability to have an immediate impact on an operation - as either a consultant or a member of the executive leadership team. The Operation's architect responsible for a turnaround that launched a 400% sales increase, coupled with a double-digit increase in ROIC, while implementing key controls to support an EBITDA growth from low single-digit to high single-digit performance.