Republic Boot

Early Stage

Custom bootmaker

Analytics

Raised to Date: Raised: $228,900

Aggregate Commitments $

Platform

NextSeed

Start Date

06/04/2021

Close Date

07/14/2021

Min. Goal

$107,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Revenue Share

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $

Status
Funded
Reporting Date

07/31/2021

Days Remaining
Funded
% of Min. Goal

214%

% of Max. Goal

92%

Likelihood of Max
Funded
Avg. Daily Raise

$5,723

Momentum
Funded
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Location

Houston, Texas

Industry

Apparel & Fashion

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Life Style

Republic Boot, a custom bootmaker, is raising crowdfunding on NextSeed. The business is building an online direct-to-consumer model for its boots. The boots are premium yet affordable and come with a high margin for the manufacturer. The company is focused on authentic and high-quality bootmaking and has a strong following. Chris Conrad founded Republic Boot in 2016. The proceeds of the current crowdfunding round, with a minimum goal of $107,000 and a maximum goal of $250,000, will be used to increase inventory, support operations, increase the production of custom boots, and advertise. Republic Boot is uniquely branded in luxury handcrafted boot segment and offers its own brand of boots, the 1836 Collection.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$433,844

$427,398

COGS

$315,899

$308,997

Tax

$-27,670

$-25,568

 

 

Net Income

$7,632

$758

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$21,239

$21,009

Accounts Receivable

$0

$0

Total Assets

$21,239

$21,239

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 06/04/2021
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Republic Boot on NextSeed 2021
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Platform: NextSeed
Security Type: Revenue Share

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