Vino Curacao | Page 17

WIJNINBLIK is seeking equity funding of 300.000 Naf. to start a factory to sell wine-in-a-can in the Caribbean Region to cruiseliners, airlines and the tourist industry in general. WIJNINBLIK offers quality wines to customers with a well understood need. Using cans instead of bottles creates more efficient use of space (less volume) and weight (improved fuel efficiency). Sales and marketing WIJNINBLIK will focus on its target customers with the cruise liners and airliners being targeted initially. For all customers there will be a direct sales approach with a list of prospects identified and engagement already progressing. One experienced senior industry expert will be hired. Present position The concept has been used, tested and sold before to an airline and supermarket in The Netherlands, between 2006 and 2008 by the founder. Financial information WIJNINBLIK sells cans with 250ml @ 3 Naf. per can. The reseller has more than 70% margin to sell, compared to other brands. The founder currently resides in the Caribbean and is ready to begin scaled production from his own start-up. The target is 400.000 cans in 2020. Production with a fully equipped factory can start in the summer of 2015. P&L summary Company WIJNINBLIK Stage of development: start-up Investment required: Naf. 300.000 Sector: food & drink, hospitality, tourism Skills sought: wine making, canning, sales EBITDA +30% margin after third year of operation 2015 2016 2017 2018 2019 Gross sales 144,3 633,1 1036 1122,8 1203 Gross profit 91,4 401,6 658 713,3 765,5 operating expenses -206 -311 -341 -351 -361 EBITDA -114 91 317 362 405 Net result after payment preferred equity IPR Position/Strategy WIJNINBLIK uses wine, exclusively made for wijninblik and has Curacao grapes in the blend. The brand Vino Curacao and the product can not be copied because of the unique blend. ANG in thousands -157 37 231 224 255 48 207