GoBQ Grills, Inc.
GoBQ Ultra Portable Grills & Accessories
Analytics
Raised to Date: $178,999
Aggregate Commitments $
StartEngine
02/13/2020
11/10/2020
$10,000
$1,070,000
$300
Equity - Common
RegCF
Seed
$6,000,000
Weekly Commitments $
Active
10/18/2020
22
1,790%
17%
$722
294
Food, Beverage, & Restaurants
Foodtech
B2B/B2C
Low
Low
GoBQ Grills, with a pre-money valuation of $6 million, is raising funds on StartEngine. The company manufactures and sells portable grills and accessories made of fireproof fabric. The GoBQ grills are compact, foldable, lightweight, and easy to use and carry. The product of GoBQ Grills is targeted towards campers, hikers, and other outdoor individuals. The company was founded by Todd Zaroban and Eric Goeken in 2012 and has raised more than $120,000 in previous rounds of funding. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $107,000, will be used towards marketing, expanding to new customers, and growing the product line. GoBQ Grills has sold over 650 grills and has started direct online sales.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$45,755 |
$50,574 |
|
COGS |
$55,729 |
$12,089 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-185,271 |
$3,962 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$12,866 |
$4,310 |
|
Accounts Receivable |
$550 |
$0 |
|
Total Assets |
$77,581 |
$54,670 |
|
Short-Term Debt |
$56,763 |
$31,431 |
|
Long-Term Debt |
$57,850 |
$0 |
|
Total Liabilities |
$114,613 |
$81,431 |
Ratings
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