Esker Cycles by Krueger Outdoor

Esker Cycles by Krueger Outdoor

Mountain Bikes Built for the Wild

Security Type
Debt
Categories
Sports & Fitness, Consumer Internet, Consumer Products
Min Investment
$231
Location
SPRING, TX
Offering Date
November 23, 2021
Expected Close Date
May 26, 2022
Amount Raised
$357,737
Security Price
$1

Key Deal Facts

The global bicycle market size was valued at over $54B in 2020, with demand continuing to outpace inventory. Raising capital will allow us to rapidly expand production, and in turn, will open the door for us to supply a greater number of dealers than we've been able to thus far.
Esker Cycles are built with the state-of-the-art Orion Suspension System, licensed from mountain bike suspension expert and industry veteran Dave Weagle.
Our hybrid DTC/dealer model fuels steady, organic growth, while achieving competitive prices and above-average margins.

Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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