1UP Golf Development Group

1UP Golf Development Group

A New Golf Experience

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Security Type
Equity
Categories
Sports & Fitness
Min Investment
$255
Location
Oceanside, CA
Offering Date
August 22, 2018
Expected Close Date
November 21, 2018
Target Raise
$10.00K-$107.00K
Deal Notes
  • Type of Security Offered: Common Stock
  • Purchase Price of Security Offered: $0.85 per Share
  • Minimum Investment Amount (per investor): $255
  • Maximum 125,882* shares of Common Stock ($106,999.70)
  • Minimum 11,764 shares of Common Stock ($9,999.40)
Valuation
$10,200,000

Company Description

1UP Golf started on a wine tour bus. That’s where I was when I gazed out the window as the bus passed an old abandoned drive-in theater along the highway. I said to myself, wouldn't that be an amazing place to have a driving range? But not just any driving range, I'd do something completely different. You see, I'm an avid golfer, but I hate the boring, lonely, repetitive golf practice experience. In that moment, I had an insight: What if practicing golf could be fun? The answer was making a game out of it. Not just a game for experts, but a whole range of golf-themed games people of all skill levels could play. And it would need to have food and drinks -- not just vending machine sodas and candy bars, but a great menu and bar for every taste. It would also need lots of other fun games like corn hole, darts and even karaoke. Since golf and business have always gone together, it should have plenty of space for business meetings and events, too. The more I thought about it, the more I wanted something like this in San Diego. And since there wasn’t anything like it in our beautiful city, I decided to create it. A master team-builder and promoter, I immediately set about bringing together a team that could realize this big vision and make it a reality. Today, I have the team of experienced and successful people. Plus, I’ve forged relationships with some of the best names in golf technology, sports marketing and design. Together, we're bringing a fun new experience to people everywhere, from avid golfers to millennials, from businesspeople to families. We’re now seeking funding for our first facility, and that's where you come in. With this investment, you'll have the opportunity to be part of the next big wave in active entertainment, and we're offering perks galore to our first group of investors.

Perks

$750+ Receives: 1UP Golf Hat, 1UP Golf Polo Shirt, 1 Embossed 1UP Golf Bracelet, 1UP Golf Ball Marker, 20 Hours of Suite Time (Value $1,000)
$1,500+ Receives: 2 1UP Golf Hats, 2 1UP Golf Polo Shirts, 2 Embossed 1UP Golf Bracelets, 2 1UP Golf Ball Markers, 50 Hours of Suite Time (Value $2,500), 2 VIP Tickets To All 1UP Golf Grand Opening Events
$4,500+ Receives: 4 1UP Golf Hats, 4 1UP Golf Polo Shirts, 4 Embossed 1UP Golf Bracelets, 4 1UP Golf Ball Markers, 100 Hours of Suite Time (Value $5,000), 6 VIP Tickets To All 1UP Golf Grand Opening Events, Your Name On An Ownership Plaque In All 1UP Golf Locations
$9,000+ Receives: 6 1UP Golf Hats, 6 1UP Golf Polo Shirts, 6 Embossed 1UP Golf Bracelets, 6 1UP Golf Ball Markers, 200 Hours of Suite Time (Value $10,000), 6 VIP Tickets To All 1UP Golf Grand Opening Events, Your Name On An Ownership Plaque In All 1UP Golf Locations, 1 Year of Video Based Advertising For Your Services Or Business in All 1UP Golf Locations

Key Deal Facts

Three-tier driving ranges enhanced with high-tech fun and games
A full restaurant and bar
Meeting rooms (great for digital nomads and entrepreneurs)
Live range entertainment,
Private rooms from which one can drive balls
Private skybox flat panel televisions
In-suite food and beverages
Virtual golf ranges
And so much more!

Use of Proceeds

If we manage to raise our overallotment amount of $107,000, we believe the amount will last us 3 months and plan to use the net proceeds of approximately $100,000 over the course of that time. For purposes of this Use of Funds statement, "Project Development" includes expenses relating to site selection, including but not limited to legal, financial and real estate professional review of proposed transactions relating to the selection and securing of one or more sites for our facilities; "Securing Site" includes payment of earnest money to secure purchases or leases of land; and "Pre-Development" includes, but is not limited to expenses related to initial site engineering, reports, permitting, some or all of which will be paid to third party consultants including AECOM and/or its' affiliates and closing costs relating to leasing or purchasing land, including but not limited to costs we may incur as a matter of course relating to contingencies to be fulfilled under lease or purchase agreements. 

Management Team / Advisory Board Bios

John R. Humphrey IV
Founder, CEO and Director
Mr. Humphrey has spent the last 15 years developing small businesses throughout North America and Australia. An avid golfer since the age of 9, he brings his love of the game with his creative business expertise to develop this cutting edge concept for the billion-dollar golf industry. A graduate of Boston University in 1992, Mr. Humphrey took his marketing and sales skills working for major companies, like Mallinckrodt Medical, IMS Health, negotiating multi million dollar contracts with Johnson and Johnson, Inc. In 2000 he launched his first business development company, Effortless Living Institute, which operated successfully for 7 years, before concentrating on his next project of franchising in US and Canada. His company Freshcojohn, LLC, has generated millions of dollars in sales for North America’s premier Vending Opportunity. His franchising expertise is essential to 1upGolf. This will become especially important as we set ourselves to open multiple locations throughout the state of California and main Southwest United States. In addition he also consults with high end CEOs and thought leaders through his company True World Global, Inc. throughout the US and abroad. One of his great skillsets is acquiring human capital for major projects. He has assembled an all star team to bring 1UP Golf to fruition.

Edward Rholl
President
Mr. Rholl practiced law for eight years focused on corporate and transactional work. He provided counsel to several real estate development projects during this time, with an emphasis on financing and funding matters. During the past fifteen years Mr. Rholl has been involved as partner and consultant to several real estate development projects, including mixed use development projects in the hotel and student housing industries. Rholl has also provided counsel to developers of senior housing projects, residential real estate projects and alternative energy power plants. Mr. Rholl has been instrumental in crafting business plans and obtaining funding for companies in more than 20 industries during the past eighteen years. He has also started and built entrepreneurial ventures in the fields of web-based training, online communities, electronics and web applications. Mr. Rholl is a graduate of the University of Wisconsin, Marquette University Law School and Georgetown University Law School.

Bob Lehmeyer
COO
Robert Lehmeyer is a highly successful entrepreneur and has extensive experience in Business,Food and Beverage,Management and Commercial/Residential RealEstate. His ownership of Food/Beverage and Entertainment concepts includes the Axis Martini Bar and Restaurant in DelMar. Bob has been involved with opening of many concepts including Trophy’s Sports Grill in SanDiego, Dave and Busters–San Diego and American Junkie –Newport Beach(first3months). National concepts Entertainment venues include Planet Hollywood International–San Diego, San Francisco, and Beverly Hills, California to Dave and Busters –Irvine and San Diego. As the manager of Dave and Busters in San Diego, Bob produced sales of over $500,000 per week in Food/Beverage/Entertainment (games) or “Eatertainment.” Bob’s time with Planet Hollywood brings a unique blend of high volume sales both Food and Beverage, but also Retail and large scale special events. Planet Hollywood was heavy on media events, high profile client visits and name /logo branding. Bob is active in many charities. He was a member of the Board of Directors of Oxford Preparatory Academy, a Public Charter School.

Scott Marchand
CFO
Mr. Marchand has been involved in real estate development and finance since1993. From 1993 through 2006, he was involved in many aspects in the real estate field that included appraisals, mortgage brokerage, construction management, project development and commercial finance. Mr. Marchand is currently a Real Estate Developer specializing in Hotels, Apartments and structuring highly complex Commercial Financing.

Deal Notes

  • Type of Security Offered: Common Stock
  • Purchase Price of Security Offered: $0.85 per Share
  • Minimum Investment Amount (per investor): $255
  • Maximum 125,882* shares of Common Stock ($106,999.70)
  • Minimum 11,764 shares of Common Stock ($9,999.40)
Amount Raised : $24,246
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