Centric Wear, Inc.

High Quality Athletic Apparel Made to Perform

Print
Claim My Business
Security Type
Common Stock
Categories
Fashion & Accessories
Min Investment
$250
Location
LOS ANGELES, CA
Offering Date
January 17, 2022
Expected Close Date
January 26, 2022
Target Raise
$10.00K-$1.07M
No. Investors
17
Security Price
$1
Valuation
$8,000,000
Number of Employees
2
Cash
$29,125
Revenue
$386,258
Short Term Debt
$90,466
Cost of Goods
$101,684
Long Term Debt
$63,846
Net Income
$-109,158

Company Description

Known for our development of high performance proprietary fabrics and an unabashed approach to modern design and use of color, we make functional sportswear engineered for the exceptional. Focused on the future of fitness - where tailored-for-you form, and high-performance function intersect, we are committed to making this world a better place by revolutionizing the fitness apparel industry and creating meaningful connections in the health and fitness community.

Perks

StartEngine OWNERS Exclusive Click here to learn more

$250+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.

$250+ Investment
$250 | Tier I
Early Access to Product Launches + VIP Gift Basket with a $25 value.

$500+ Investment
$500 | Tier II
25% Product discount for 2 years (Up to $500 discount per year) + VIP Gift Basket with a $50 value.

$1,000+ Investment
$1,000 | Tier III
30% Product discount for 3 years (Up to $500 discount per year) + VIP Gift Basket with a $125 value.

$2,500+ Investment
$2,500 | Tier IV
35% Product discount for 3 years (Up to $1,000 discount per year)+ 5% bonus shares + VIP Gift Basket with a $300 value.

$5,000+ Investment
$5,000 | Tier V
40% Product discount for 3 years (Up to $2,500 discount per year) + 10% bonus shares + CEO Newsletter + VIP gift basket with a $700 value.

$10,000+ Investment
$10,000 |Tier VI
50% Product discount for 3 years (Up to $5,000 discount per year) + 15% bonus shares + CEO Newsletter + VIP gift basket with a $1,500 value.

$20,000+ Investment
$20,000 |Tier VII
Dinner with CEO + 50% Product discount for 3 years (Up to $2,500 discount per year) + 15% Bonus shares + CEO Newsletter + VIP product gift basket with a $3,000 value.

Key Deal Facts

Gained substantial traction since launched in mid-2020: $500k gross revenue to date, #1 US Google search result for “high performance athletic wear”, 1000+ 5 star customer reviews, featured on Men’s Health, Shape, Forbes, USA TODAY.

Activewear has huge market potential and has enjoyed a strong 2020 in terms of revenue growth. Centric is poised for expansion in the premium athleisure apparel market.

Established partnerships with reputable third party retailers such as MGM Resorts, Touch of Modern, Wantable, FutureProper, and Outdoorly. We continue to see strong growth opportunities in the collaboration partnerships with other retailers.
Amount Raised : $10,097
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

Common stock is a security that represents ownership in a corporation.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments