Phat Scooters

Phat Scooters 4th Kickfurther Co-Op

Phoenix

http://www.phatscooters.com

Total Raised
$80,443.75
Total Payout
$85,770.00
Instructions

Inventory Inspection Type

18.31% Annualized $42.61 profit per pack

4.4 MonthsCo-Op Completed

39% PercentileAnnualized Co-Op Profit Margin Rank

Hello KF,

We are back! We paid out two weeks early on our first Co-Op, and we raised funding for our second Co-Op in less than 1 hour after launch which also paid back early. Our third co-op funded in under an hour and we are coming back to the KF community for help on our January inventory.

Things are going well and we are prepping for the Holiday season and the beginning of our stronger sales seasons. Golf clubs in the south make decision in the fall and winter on their fleets for the next year and all through the south we are at the optimal time for scooting.  Here in AZ we say our season starts October 15th and runs through mid May so we are now on the cusp.

Here is some background on our company:

Our business has been built on direct to consumer sales (where we have the strongest margins!), but now we are expanding with our HD line which can be used for golf, security, and commercial rental businesses. While we will continue to grow our consumer offerings and customization, we also successfully launched our Phat Golf brand at the PGA show in January 2018 and are attending again in 2019 last year we announced deals with PGA Pro Pat Perez, William Murray Golf and The Chive (images below) to help us scale up that portion of the business to even greater heights. Throughout this year we expanded those relationships and added many more fans including Golden Tate of the Detroit Lions, Ricky Fowler, Rascal Flats, Dan + Shay, Rowdy the mascot for the Dallas Cowboys as well as Dak Prescott and his offensive line. 2019 is set to be our break out year both in consumer sales and with our second year of Golf.

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