Swell Watercraft LLC

Invest in the Future of Roto Molding and Small Boats

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Security Type
Infrastructure, Retail, Entertainment, Sports & Fitness, Financial Services, Technology, Community & Lifestyle
Min Investment
Expected Close Date
April 30, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Company Description

💰 Sold out for 4 years with 0 dollars spent on ads.
📈 Our advantage lies in 50-years of design research and kayaking experience.
💣 High revenue growth projections with CAGR at 70% from 2022-2024 (not guaranteed).
🤓 High gross profit margins, projected at 61%. Apple’s GMP in 2021 was 41% (not guaranteed).
🔥 Perks for investors: receive lifetime discount.
🔑 $1million revenue and cash flow positive 2022.
⭐️ Led by a team of Kayaking Specialists with a combined experience of over 100 years.
🚀Awarded the Top 10 Sit-on-Top Kayak for 2021.

Management Team / Advisory Board Bios

Jim Marsh CEO and Founder at Swell WatercraftI am the biggest stakeholder and the ex-publisher of the world’s largest paddling magazine, Canoe, and Kayak, from 2005-2015. I run the day-to-day operations., Thomas Marsh Polymer ExpertI bring over 30 years of experience as a Chemical Engineer and I have spent much of my time consulting factories about manufacturing. I am also an expert in plant management and chemical construction. Bringing my experience to make the best kayaks., Celliers Kruger Manufacturing + Design GuruI made my name in the early 2000s with my whitewater brand Fluid Kayaks in South Africa. I am lucky enough to have been able to perfect the ‘skin-foam’ plastic when I obtained a contract to manufacture high-end surf skis. I call my creation Poly2., Ted Keyes Sales ManagerI became a professional kayaker during my college years. This position eventually morphed into sales representative, in which I have been thoroughly immersed for over 25 years-including extensive experience with kayaks., Adam Bierschenk Designer & TechnicianI am an expert on CNC mold making, prototype development and novel manufacturing. As a former Ocean Kayak designer, I utilize CAD software to engineer every product from the kayaks, seat, hatches and drainage valve., Tim Niemer Spiritual AdvisorI launched several paddling brands over the years, including Ocean Kayak and NuCanoe. It was my original idea to lower the footwells below the waterline to unleash performance elements unseen before., Thomas Sherburne Strategy & Operations ConsultantAfter receiving my PhD in Experimental Psychology from Auburn, I went to work protecting people's minds- through my kayak helmet company Shred Ready. After my successful exit in 2019, I've used my experience to help progressive brands like Swell.
Amount Raised : $158,612
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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