Phat Scooters

Phat Scooters Co-Op 5

Phoenix

http://www.phatscooters.com

Total Raised
$273,645.00
Total Payout
$291,405.00
Instructions

Inventory Inspection Type

13.09% Annualized $59.20 profit per pack

9.2 MonthsCo-Op Completed

13% PercentileAnnualized Co-Op Profit Margin Rank

Hello KF,

We are back! We paid out our last four co-ops early and this one will do the same.

Things are going well and we are knee deep in holiday sales and the beginning of our stronger sales seasons. This co-op is for HD units we need for Golf season and commerical sales and we will have another one following this for Phatty's for around $200k that will fill up our warehouses for Q1.

We have grown considerably since our last Co-Op (physically we expanded from 15,000 feet to 28,000) and we finally hired a sales team (now that we will have inventory to sell). As of November 5th we have 5 full time and 2 part time sales people (we had one part time sale person up until September).

Here is some background on our company:

Our business has been built on our strong reputation as the "Mercedes Benz of Electric Scooters" attested to by our customer from PGA Pro Pat Perez, to William Murray Golf and The Chive (images below) to Golden Tate of the Detroit Lions, Ricky Fowler, Rascal Flats, Dan + Shay, Darius Rucker, Rowdy the mascot for the Dallas Cowboys, Donatos Pizza, Kona Brewing, Dak Prescott, Justin Timberlake, Micheal Jordan and more than 50 other high profile celebrites as paying customers.

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