Caribbean Smooth Ou-Oui!

Neutral
BETA

PARADISE FOUND. Real fruits and rum liqueur breaks tradition.

Analytics

Raised to Date: $58,496

Aggregate Commitments $
Platform

Wefunder

Start Date

09/29/2020

Close Date

03/19/2021

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$5,500,000

Discount Rate

20%

Weekly Commitments $
Status

Active

Reporting Date

01/17/2021

Days Remaining

59

% of Min. Goal

117%

% of Max. Goal

23%

Likelihood of Max
Avg. Daily Raise

$532

# of Investors

189

Momentum
Location

Atlanta, Georgia

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B2C

Margin

Low

Capital Intensity

Low

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

$0

Total Liabilities

$214,511

$215,929

Ratings

last updated 01/19/2021

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