Nektar Liqueur

Nektar Liqueur

Platinum award-winning Italian liqueur

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Security Type
SAFE
Categories
Other
Min Investment
$100
Location
Chesapeake, VA
Offering Date
November 29, 2018
Expected Close Date
March 31, 2019
Target Raise
$50.00K
Deal Notes

Future Equity (Wefunder SAFE)

$3Mvaluation cap

20%discount

$25K+pro rata right threshold

A SAFE gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $3M in the future.

Company Description

Néktar Liqueur® is the first 100% all-natural premium fruit liqueur touse Italian moscato, a blend of fruit nectars and premium vodka. We don’t use any artificial colors, flavors or sweeteners. Néktar Liqueur® is highly popular straight out of the bottle chilled or over ice. Our cocktails are top sellers and mix with a variety of spirits such as Bourbon, Tequila, Rum, Vodka, Cognac, Beer, Wine and even numerous food recipes.

Perks

$250+8.5x11 print thanking you for being an investor and personally signed by Founder.
$500+Investors will get an Authentic Nektar Liqueur T-Shirt and an 8.5x11 print thanking you for being an investor and personally signed by Founder.
$1,000+Investors will get an Authentic Nektar Liqueur T-Shirt, hat, 8.5x11 print thanking you for being an investor and personally signed by Founder and 1 bottle of Nektar Liqueur signed by Founder in gold pen (NOTE: Must be of legal drinking age in your State to receive bottle.)
$10,000+Investors will get an Authentic Nektar Liqueur T-Shirt, hat, 8.5x11 print thanking you for being an investor and personally signed by Founder and 2 bottles of Nektar Liqueur signed by Founder in gold pen (NOTE: Must be of legal drinking age in your State to receive bottle.)
$25,000+Investors will get an Authentic Nektar Liqueur T-Shirt, hat, 8.5x11 print thanking you for being an investor and personally signed by Founder and 6 bottles/1 case of Nektar Liqueur signed by Founder in gold pen (NOTE: Must be of legal drinking age in your State to receive bottle.). Invited to a Major launch event w/ a private dinner with Founder.

Use of Proceeds

If we raise: $50,000

We intend to use 95% of the net proceeds of this offering for supporting our distributors in our current markets as well as new markets that we are activating. We need to expand our support via tastings, events and promotions in the on/off premise. We will need to purchase additional inventory.  If we raise this amount, the founding members will not be able to take salaries under their consulting agreements.

We will also use 5% of this raise towards the Wefunder intermediary fee.

 

If we raise: $250,000

We intend to use 95% of the net proceeds of this offering for marketing support to our distributors in current and new markets via POS (point of sale), sampling, events and on/off premise promotions. We will also allocate funds to hire a regional manager to assist with obtaining national accounts/chains such as Kroger, Meijers and Total Wine and More. If we determine market conditions are favorable, we may introduce our 50ml (airplane) bottle that will help reduce our sampling cost, encourage more consumers to "try before they buy" and allows us to hand out samples (gift bags) to a larger audience for key events. When the Company reaches the $100,000 level in this offering, the CEO and the CFO will be able to take partial salaries of $24k annually and $14.4k annually respectively.  When the Company reaches the $150,000 level in this offering, the CEO and the CFO will be able to take salaries of $48k annually and $28.8k annually, respectively.  The Company will also likely make multiple orders of inventory in order to keep up with demand. Additionally, we may create a series of cocktail videos that we will utilize as part of our digital media strategy.

We will also use 5% of this raise towards the Wefunder intermediary fee.

 

If we raise: $750,000

We intend to use the net proceeds of this offering to significantly expand our distribution across the U.S. in our selected target markets. We will be supporting new distributors with marketing POS (Point of sale), sampling in key top 20 off-premise accounts (Retail), participation in strategically selected events, sales team incentives for achieving our KPI's (Key Performance Indicators). In addition to our current 750ml bottle, we may introduce the 50ml and 375ml  bottles to expand our offering and increase sales. We plan to hire 2-3 regional managers to provide coverage in the East/West coast and the Midwest. At this level of offering proceeds, the Company reserves the right to increase the modest salaries of its CEO and CFO. Additionally, we may increase our digital media spend on social media by providing cocktail/recipe videos that encourage consumers to use our product.

 We will also use 5% of this raise towards the Wefunder intermediary fee.

Management Team / Advisory Board Bios

Robert Dozier - Founder + Chief Executive Officer
Over 15 yrs. in the Wine+Spirits industry. Wine Mgr for Total Wine, Senior Mgr for Spirits broker.

Rob Mcmahon - Chief Financial Officer
Experienced Business attorney, investment banker. Extensive knowledge in business strategy + finance

Deal Notes

Future Equity (Wefunder SAFE)

$3Mvaluation cap

20%discount

$25K+pro rata right threshold

A SAFE gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $3M in the future.

Amount Raised : $8,100
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Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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