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Security Type
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Non-Voting Equity
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Categories
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Other
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Min Investment
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$250
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Offering Date
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February 15, 2019
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Expected Close Date
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May 17, 2019
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Target Raise
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$10.00K-$1.07M
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Deal Notes
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Price per Share: $250.00
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Valuation
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$25,150,000
Company Description
Suavecito is the only tequila that adds 2% blue agave nectar back into its product, giving it its trademark touch of sweetness.
Our special double distillation process, unique formulation, oak barrel aging and proprietary recipe eliminates the tequila "burn" to offer an incredibly smooth flavor that we believe makes Suavecito the World’s Smoothest Tequila.
Aged in American oak bourbon barrels, our Reposado and Anejo draw you in with their warm jewel colors, woodsy aromas and premium flavors of vanilla, caramel and chocolate. While our Blanco remains fresh, grassy and un-aged.
Our Suavecito Reposado is aged 6-8 month, while our Añejo is a masterful blend of 2 year old Añejo tequila and 7 year old Extra Añejo. Our extra aging is just one more factor that makes Suavecito so special, creating a smooth sipping spirit.
Perks
$250+ — two Suavecito Tasting Vessels.
$2,500, two tasting vessels and a Suavecito t-shirt
$5,000+ — two Tasting Vessels, one T-shirt and a high-quality polo shirt.
$10,000+ — all perks from lower tiers PLUS all expenses paid trip to first Investor Meeting in Denver, CO.
$25,000+ — all perks from lower tiers PLUS all expenses paid trip with Bill Foss to Mexico to visit his agave farm and the Orendain Distillery.
Use of Proceeds
Intermediary Fee: 6%
Marketing: 90% - 20%
Debt: 0% - 24%
Repurchase of Unit Holder Equity: 0% - 15%
Operations: 0% - 22%
Inventory: 0% - 13%
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Inter company debt or back payments.
Management Team / Advisory Board Bios
Bill Foss - Founder & President
Bill Foss began his career as a basketball coach at the university (CU-Boulder) and professional level before starting an environmental contracting firm that grew to be the largest in the US. Bill began his third career as "Mr Suavecito" when he purchased 160 acres south of Guadalajara and began producing The World's Smoothest Tequila". Bill spends his days spreading the word about mountain-grown 100% Blue Agave tequila.