Test the Waters
Proteau

Proteau

One-of-a-kind line of drinks designed to be served with food and friends

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Security Type
Debt
Categories
Retail, Consumer Goods & Products, Food & Bev
Min Investment
$400
Location
SPRING, TX
Offering Date
January 27, 2022
Expected Close Date
April 08, 2022
Target Raise
$50.00K
No. Investors
26
Security Price
$1
Website
drinkproteau.com

Company Description

Non-alcoholic beverages are trending, but the experience is lacking

The growing demand for non-alcoholic drinks has brought about a massive introduction of new non-alcoholic drink brands over the past few years. Despite the influx of offerings (mostly beer and wine), there's still a key consumer demand left unanswered—a non-alcoholic beverage that pairs well with food and offers the luxurious experience expected from fine dining. 

Key Deal Facts

Zero-proof botanical drinks
~$20K in sales per month as of Jan-Jun 2021
Earned PR is steady and wholesale accounts added weekly
Projected total revenue of $340K for 2021
Featured in GQ, New York Times, Wirecutter, Food & Wine
Gross margin projected to be 30% in 2021 and grow to 50%+ thereafter
Focus is on capturing the large wine occasion
Amount Raised : $24,100
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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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