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Our Story
The vision for GoBQ started in 2012 with the founding of Grillfold LLC and the creation of our first prototype. By 2014, we had a utility patent and our trademarked brand. Since then, GoBQ launched an Indiegogo campaign that raised over $115,000 from 711 backers from 44 countries buying over 650 grills and then an additional $8,000+ on Backerkit. After this international outpouring of support, we developed our production model, fulfilled all of our backer obligations, and began direct online sales.
The Problem
Before GoBQ, there was no grill that was both portable and effective. Those that were small enough to carry around were far too small to be actually effective as grills, heating up insufficiently, lacking grill space or missing a lid. Metal grills are hard to clean and frustrating to store, and they often stay hot for a long time, making them even harder and more dangerous to pack up.
The Solution
GoBQ turned the portable grill market on its head by substituting fireproof fabric for metal when making its grills. GoBQ uses a silicone coated fiberglass fabric in its grills, with foldable cooking grates and a collapsable charcoal basket made out of metal, allowing it to be compact enough to fit in a backpack but expand into a cooking surface with 7 inches of clearance. From a backpack, GoBQ can expand large enough to be a portable smoker and grill as many as 9 burgers at a time.
Our Traction
As of early 2020, we have sold over 1,400 units in 44 different countries. We were born out of strong community support with a successful Indiegogo campaign, during which Kingsford Charcoal bought all our Special Edition grills, worth $20,000. Kingsford also arranged a Chicago television appearance for us and used our grills as raffle prizes. Both our loyal consumer base and mainstream recognition bring us pride and show that we have what it takes to continue to grow as a company.
We have been featured by over 50 online, TV and print media channels and had two network TV appearances, became a Walmart.com online wholesale vendor and opened Amazon and Amazon Prime sales channels. Our customers give us rave reviews, and we are committed to continuing to serve them through new innovations and products, like the propane prototype currently in research and development stages.
What We Do
Grillfold, LLC. was founded in 2012 to develop, manufacture and sell innovative ultra-portable grills made from flexible flame- and heat-resistant materials. The first product in our line is the “GoBQ® Grill," a grill designed to serve hikers, campers, tailgaters and other outdoor enthusiasts. It is lightweight, compact, fast to set up and only the first of many potential GoBQ products to utilize unique materials and design to revolutionize grilling.
The Market
GoBQ is at the intersection of a number of huge markets. The tailgating industry alone is $11.4B, the outdoor gear market is a massive $120B (2012 outdoor industry assoc.) and the grill market alone is $2.7B (Mintel. Grill and Barbecuing July 2018). The grill market has long lacked innovation and is ripe for disruption. The market research also indicates that people are willing to invest in grilling equipment, as 32% of people plan on buying a grill in the next year and 13% of all Americans enjoy grilling away from home.
How We Are Different
We believe we are the first and only portable grill made from fireproof fabric, and we have a utility patent on our innovation. This puts our grills far ahead of the competition in terms of portability.
*Images are computer generated demo versions.
We believe no other complete grill can fit in a backpack, and no other grill cools down nearly as quickly as ours. Because of that, we serve a market that no other grill can serve.
The Business Model
We have three different sales methods: business to consumer sales, retail sales and promotional product market sales. We sell online through our website and Amazon, and we also sell directly to consumers at different events. We partner both with Walmart and an assortment of small businesses for our retail sales. Expanding our retail operations is our next step in taking GoBQ to the next level.
The Vision
As a result of our continued success and endorsements, we have great confidence in our products. At least half of the money we raise through StartEngine will be spent on marketing, through a variety of mediums. Our growth plan centers around both expanding to new consumers and growing our product line to include customizable colors, licensing, grilling tools and accessories and a propane model. In 2020, we expect to sell 2,900 units.
We plan to be the go-to company for portable grilling. We currently have the best portable grill on the market, and our goal is to create a line of products centered around grilling away from it all. We could expand to selling utensils, charcoal bags, custom GoBQ backpacks, and other supplies. GoBQ has the potential to become a leader in the grill market, and we project acquisition after 3-5 years to a strategic partner in a similar industry.
*Propane image is a computer generated version
The flagship GoBQ grill is our charcoal model. It is a foldable fireproof fabric, and it has ample grill surface and a cover to allow for easy, delicious grilling.
The majority of grills are propane fueled, so we have been developing a propane GoBQ grill. This model will offer the same comfortable cooking surface as the charcoal model but will use the most popular fuel.
We plan to create a line of portable GoBQ grill tools to go along with our two grill models. These items will make us into a one-stop-shop to be able to grill anywhere, anytime.
Our Team
Our founding duo brings a mixture of leadership experience, brand development and creative innovation. Together, they possess a diverse set of skills and interests that have carried the company to the success it enjoys today. Our advisors also bring great value to our company, as they have varying skills, proven track records, recognition and valuable insight.
We have the privilege to consult with nationally respected culinary figures, experts in finance, inventors and business leaders. They provide invaluable guidance, support and leadership to our company.
Why Invest
The chance to invest in GoBQ is an opportunity to own a part of a fun and exciting company that is revolutionizing outdoor cooking. With our success, traction and attention, we are poised for rapid growth as we release new products and attract new consumers. No other company has innovated in our market for decades, so we have an opportunity to disrupt a stagnant market. And lastly, the active grilling and cooking cultures surrounding sports, tailgating and hiking suggest that there will be opportunities for licensing sports teams and other brands on products.
The GoBQ’s stylish and easy-to-clean design, quality materials, and (most importantly) its portability, are all what makes this grill unique and worth your money. Ideal for day fishing excursions or extended hunting expeditions, I give the GoBQ two thumbs up and five stars!
You can carry this portable grill by packing it in your backpack or carrying it to the tailgate… see how easy and simple it is!
GoBQ breaks the typical outdoor, packable grill mold, as it folds up to duffel-bag size, so you can actually fit it in your backpack.
Bottom line: I find this grill enchanting. It’s well built and worked as advertised.
Tired of lugging that heavy, bulky metal grill to your tailgate spot? Go Tailgating with GoBQ!
The season of nonstop tailgating is almost upon us. Here to maximize your burger output with the minimal amount of effort is the GoBQ Grill, a fully-funded Indiegogo campaign ready to make your summer mightier and meatier.
Company | : | GoBQ Grills, Inc. |
Corporate Address | : | 3742 N Janssen, STE 1, Chicago, IL 60613 |
Offering Minimum | : | $9,999.60 |
Offering Maximum | : | $1,069,999.80 |
Minimum Investment Amount(per investor) | : | $300.00 |
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 16,666 |
Maximum Number of Shares Offered | : | 1,783,333 |
Price per Share | : | $0.60 |
Pre-Money Valuation | : | $6,000,000.00 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Perks* and Investment Bonus
All Investor Owners Club
5% discount on all GoBQ online purchases for LIFE
30% off any GoBQ black grill purchased from the website
Early access to products
Private owners group
Early Bird
First 48 hours - Friends and Family Early Birds | 15% bonus shares
Next 5 days - Early Bird Bonus | 10% bonus shares
Volume
$500+ | CEO Designed GOBQ® Grill T-Shirt - Boldly Grill Where No One Has Grilled Before (see artwork in media upload)
$1,000 | Above + Owners Exclusive GOBQ® Charcoal Grill
$2,500+ | Above +10% lifetime discount of online purchase
$5,000+ | Above + 5% bonus shares
$10,000+ | $2500 and above tier + 10% bonus shares
$20,000+ | $2500 and above tier + Invitation to private GoBQ Lakeshore Party in Chicago to grill with the GoBQ team + 15% bonus shares
$50,000+ | Above+ 20% bonus + Personal Customized GoBQ® Charcoal Grill + 2 domestic round trip airfare tickets (up to $1000 total) and 2 nights in a four-star hotel.
*All perks will occur after the offering is completed.
The 10% Bonus for StartEngine Shareholders
GoBQ Grills, Inc., will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $0.60 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $60. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Dear GoBQ Investors and Supporters,
From our families to yours, we hope this message continues to find you and your loved ones healthy and safe heading into this Memorial Day weekend.
We're happy to share with you that our StartEngine campaign has been extended! Our success throughout the campaign was so encouraging, that it was a simple and straightforward decision. Recently named “The Best Portable Charcoal Grill” by CNET, we’re steadfast in our efforts to scale the company and get our products into the hands of the world’s wanderers. Your support is making this a reality.
We can’t wait to get back out into the world. States are rolling out their recovery plans and June 1st will welcome the reopening of many local, state and national parks, beaches, and other wide open spaces. Social distancing will still be the new norm for quite some time, and after being pent up for months, consumers are yearning to breathe fresh air and explore the world once more. Road trips, hikes, and excursions far away from crowds will continue to be some of the safest options, and we hope to join those journeys with our easy-to-carry dynamic design that allows the GoBQ to roam freely with you wherever you may go.
To date we’ve raised more than $75,000 from over 100 investors. Thank you for believing in us, sharing our vision, investing, and supporting our passion for GoBQ Grills!
As always, if you have any questions, comments, or concerns, please feel free to reach out to us.
All the Best,
Todd Zaroban
CEO
GoBQ Grills, Inc.
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the GoBQ Grills, Inc. offering. Here's an excerpt describing the specifics of the change:
GoBQ Grills, Inc. has updated their maximum funding goal, updated 2019 financials, and extended their campaign by 60 days.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, GoBQ Grills, Inc. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GoBQ Grills, Inc. be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Check out the “10 Minute CEO Interview” with GoBQ’s Co-Founder/CEO Todd Zaroban as he gets “grilled“ by Entrepreneur/Investor/Pitch-Deck-Guru Jon Stoddard. They talk bbq, manufacturing, equity crowdfunding, consumer enthusiasm, and navigating challenges of the Covid-19 pandemic.
Dear Investors, I hope this message finds you healthy, safe and secure.
The SEC is allowing all companies a 45-day extension on the April 29th annual report filing deadline due to the Covid-19 pandemic. We elected to use the extension so that we can focus our efforts on the campaign in progress and shifting our marketing tactics to better connect with everyone’s changing lifestyles while the Covid-19 pandemic runs its course. In order to qualify for this extension, we are required to notify investors, so this post serves as our notification.
All my best,
Todd Zaroban
Co-founder & CEO
GoBQ Grills, Inc.
We’re incredibly proud and excited to announce that GoBQ has been picked by CNET as the “Best portable charcoal grill“ for 2020!
Check out the full review, and if you haven't invested yet, be sure to get in on the action before our campaign expires. And guess what else... prime grilling season is around the corner!
Dear GoBQ Investors and Supporters,
From our families to yours, we hope this message finds you healthy and well during these difficult times.
We are writing to update our investors and supporters about how the global COVID-19 pandemic is impacting our company, and what we are doing to align our tactics to meet these unprecedented challenges.
First, we remain confident in our product and steadfast in our mission to grow GoBQ Grills into a brand leader for portable outdoor grilling gear. GoBQ Grills was born from a desire to merge two of life’s greatest joys: The thrill of the outdoors, and grilling out with family or friends. We believe this mission is relevant and impactful now more than ever.
Second, our supply chain is strong. Progress on our second production run has been slowed due to the COVID-19 pandemic, but our overseas suppliers have been continually communicating with us and have informed us they are through the worst of it. Their factories have resumed operations and are ramping back up toward full capacity. Tooling for component parts is completed, and we expect to see a production sample within the next 2-3 weeks.
And finally, our plans for a big Spring/Summer 2020 marketing push are full steam ahead. Spring is nearing and peak grilling season is just around the corner. As social distancing is becoming the new normal, we believe our slogan “Grill Away From it All” is already perfectly suited for our 2020 campaign, and consumers will be clamoring for highly portable outdoor products that can be easily carried long distances.
Thank you again for your interest and support. We’ve raised more than $50,000 from over 70 investors so far and look forward to sharing more production updates and new media coverage. And as always, if you have any questions or concerns, please feel free to reach out to us.
All the Best,
Todd Zaroban
CEO
GoBQ Grills, Inc.
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, GoBQ Grills, Inc. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GoBQ Grills, Inc. be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Hello GoBQ Fans! Just wanted to provide more insight as to how our perks work. Perks for investors are included at the minimum $300 investment, and more perks accumulate depending on which investment tier you reach. IMPORTANT: Discount and Bonus percentages are NOT combined, you will receive the highest % discount and/or bonuses available at each tier.
All Investor Owners Club: $300+ Investment
TIER 1: $500+ Investment
TIER 2: $1000+ Investment
TIER 3: $2500+ Investment
TIER 4: $5000+ Investment
TIER 5: $10,000+ Investment
TIER 6: $20,000+ Investment
TIER 7: $50,000+ Investment
Wow, a BIG Thank You to all our early investors, what a great start out of the gate – we've already blown past our minimum and have raised almost $35k from 37 investors!
And don't forget, our final Early-bird Bonus Perk expires VERY soon so if you haven't invested yet, now's the time to hop on board! Also please share our campaign page with your friends and family, the more the merrier!
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