jackpot exec sum new4
TRANSCRIPT
industry:Alcoholic BeveragesFinancing sought:$1.0 Million
equity offering:Round 130% Series A Voting Preferred Shares
minimum investment:$5,000
use of funds:• Launch capital• Production, Marketing,• Expansion into new states
mission: To easily break into the very challenging, but highly profitable, spirits industry through the consumer attaining the product virtually free or highly reduced price via incentives provided by third parties.
key concept: Spirits, especially vodka, contain profit margins near 70%. However nearly 60% of that profit goes back in to marketing and sales activities. New brands typically do not break even for three to five years.
Jackpot Spirits, has patented a truly unique concept that merges two complimentary and large industries together; casino gaming and spirits. Its goal is to offer a no-brainer decision to the large target market of consumers who purchase alcoholic beverages and enjoy casino gaming.
Under the initial launch of a spirits brand called “ Jackpot Vodka”, each bottle contains a redeemable code attached to the necksleeve. The listed dollar value on the “chip” can equal any amount up to the value of the spirit product. The codes are redeemable at any casino partner’s (or third parties’) location.
THE VALUE OF THE CODE:
• To the consumer it can be worth far more than the face value, in addition to the product in theory being heavily discounted.
• To the casino partner it is a very affordable way to attain the attention of a very attractive customer.
• To Jackpot Spirits it is instant appeal and demand by consumers without heavy marketing and sales support.
Different levels of quality and priced products can be offered with different valued “code” to cater to different target markets. The third parties associated with the “code” can extend to any industry beyond just gaming from sports to charities to retailers. Endless arrays of marketing opportunities exist for Jackpot Spirits and for partners through online social media outlets.
executive summary
2014 2015 2016revenue $626k $4.3m $7.4m
gross profit $89k $1.9m $3.8m
operating expenses $490k $923k $1.2m
net income $401k $977k $2.6m
please contact us for
additional information
707-337-4170
E-mail: [email protected]: www.jackpotspirits.com
intellectual property: Jackpot Spirits, has received federal TTB approval of the business model that is immediately effective in the states that follow federal TTB rulings. A utility patent is now pending with the United States patent office, allowing us to be the only company to offer this unique customer acquisition tool.
target market: People who enjoy gambling, people who like incentive or interactive products, dreamers, gamers, as well as those who enjoy collectables.
initial markets: Florida, Maine, Missouri, Nebraska, and Nevada
growth rate: As fast as legally possible based on arrangements that can be reached with gaming establishments and third parties.
financial projections:
competition: Although Jackpot’s product is very unique its category competitors include High Roller Vodka, Smirnoff, Skky, and other premium brands of vodkas.
distribution channels: Revenues come from direct sales made to federally and
stated licensed independent (open state) distributors,
and by state run distributors (control states). Payment
from the open state distributors is a federally controlled
30-day payment structure for the full amount of inventory
purchased, which is typically 1-3 months worth of
projections. Distributors that are run by state institutions,
controlled states, make bi-monthly payments to Jackpot
Spirits based on inventory depletions.