BULK Beef Jerky
Regulation Crowdfunding offering on SeedInvest (SI Securities)
$25,000
of $1.07M goal
2.3% funded
About the offering
B.U.L.K Beef Jerky is a modern, exciting, up-and-coming snack vendor in the food and beverage market. We provide premium, gourmet jerky to the world and have the goal of disrupting the industry with innovative solutions in the food and beverage space. Our jerkies are some of the best, hand selected and taste tested to provide jerky lovers with high quality jerky. What makes B.U.L.K special is that we offer over 100 products with sizing from 1.5 oz up to 5 pounds, providing a flavor and style for everyone. The brand was established on the fundamental key values: strength, kindness, and family, which are the values we want to reflect to our customers. One of our biggest internal challenges is keeping up with inventory. Our partnered manufacturers can not keep up with our demand, so as of September 2018, B.U.L.K acquired its own manufacturing facility in Johnson City, TX. The Jerky Market Problem - Jerky and meat snacks dominate the savory snack market today, with sales of over $1 billion in 2017 and a CAGR of 9%. Although many jerky brands claim to have the "best" jerky, many have the same model with limited or no recipe innovation. Typically, they have retail distribution of 3-5 flavors, in 3-8 oz sizing. What differentiates us: Crowdsourced jerky recipes: B.U.L.K promotes “Smoker Masters”--DIY jerky makers to highlight the recipes they claim to be “the Best”. Manufacturing: B.U.L.K manufactures and helps Jerky Smokers navigate the USDA manufacturing requirements by bringing in recipes to our manufacturing facility. Distribution: B.U.L.K distributes Jerky Smokers' products and story through wholesale and e-commerce b2c channels. Creative Branding: We have our 13 pillar online marketing strategy up and running, resulting in an increase in online sales +70% over the last twelve months.
FAQ
How much has BULK Beef Jerky raised?
BULK Beef Jerky has raised $25,000 of a $1.07M goal.
Where is BULK Beef Jerky's campaign listed?
The offering is listed on SeedInvest (SI Securities), an SEC-registered Reg CF intermediary.
What are the terms of BULK Beef Jerky's raise?
Crowd Note, $6M cap, 20% discount, 6% interest, 24-month term.
When does BULK Beef Jerky's offering close?
The stated close date is Mar 29, 2019.
