Caribbean Smooth Ou-Oui!

Caribbean Smooth Ou-Oui!

Early Stage

PARADISE FOUND. Real fruits and rum liqueur breaks tradition.

PARADISE FOUND. Real fruits and rum liqueur breaks tradition.

Overview

Raised this Round: Raised: $68,326

Total Commitments ($USD)

Platform

Wefunder

Start Date

09/28/2020

Close Date

03/18/2021

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$4,499,000

Valuation Cap

$5,500,000

Discount

20%

Year Founded

2014

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B2C

Margin

Low

Capital Intensity

Low

Location

Atlanta, Georgia

Business Type

Life Style

Caribbean Smooth Ou-Oui!, with a valuation cap of $5.5 million, is raising crowdfunding on Wefunder. The company manufactures and markets premium liquor made from real fruits and rum. The real tropical fruits, flavors, and spices create a smooth experience for women by replacing alcohol’s harsh taste. Nigel Walwyn founded Caribbean Smooth Ou-Oui! in 2014 and has raised over $255,000 since its inception. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used for marketing, packaging redesign, office expenses, insurance, and licenses. Caribbean Smooth Ou-Oui! has sold over 3,000 cases in more than 200 accounts in four markets. The company has forged a strategic partnership with Florida Distillers and has a pending partnership with MHW.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$33,744

$97,652

COGS

$28,233

$76,891

Tax

$642

$655

 

 

Net Income

$-66,621

$-67,494

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$10,881

$45,937

Accounts Receivable

$0

$0

Total Assets

$58,030

$126,068

Short-Term Debt

$0

$0

Long-Term Debt

$214,511

$215,929

Total Liabilities

$214,511

$215,929

Financials as of: 09/28/2020
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Caribbean Smooth Ou-Oui! on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $5,500,000

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