INVEST IN EXCURSION VAN RENTALS TODAY!
Adventure-Ready Camper Vans
$42,491.08 Raised
REASONS TO INVEST
The “glamping” industry is projected to grow to $4.8B by 2025. Excursion Van Rentals is uniquely positioned to capitalize on this booming sector of the domestic travel industry, where supply can’t keep up with demand.
We build and optimize our vans specifically for renting. While also growing our fleet at a fraction of typical hospitality construction costs, this allows every vehicle to be uniquely customized and streamlined for customers new to the experience.
Upon completing a successful beta phase, Excursion Van Rentals is now ready to expand its presence in the camper van rental market and broader adventure travel space.
Adventure Vehicles You'll Love
Excursion Van Rentals is more than just a camper van business. We consider ourselves pioneers in a new sector of the hospitality industry.
Our excursion vehicles beat out the economics of traditional hotel properties, offering richer, more customizable experiences to guests looking for truly unique adventures.
All of our vans are built in-house here in Portland, Oregon, kitted with everything needed to go off-grid. Our team oversees end-to-end customer service, even offering van pick-up and delivery to ensure hitting the open road is stress-free.
The Problem
A new wave of campers wanting unique experiences
Due in large part to the COVID-19 pandemic, the last few years have witnessed significant shifts in consumer travel trends.
More and more Americans are giving camping a try. Over 10 million households in 2020 identified as first-time campers, comprising 21% of the year’s total campers - up from just 4% in 2019 (source). Other younger travelers are looking to get outside and experience something unique without giving up their standard amenities, which has led to the increased popularity of “glamping” (source).
(source)
Despite this new and burgeoning demand, travel providers are lagging behind, leaving a gap in the hospitality space for less conventional accommodations that allow for the types of far-flung, adventurous experiences that today’s travelers are seeking. For many people, owning their own recreational camper isn’t feasible, but hotels and vacation rentals don’t provide the same freedom of access.
That’s where we come in!
The Solution
Welcome to your hotel room on wheels
Excursion Van Rentals is creating a hospitality experience that is as familiar and comfortable as staying at a hotel. Our excursion campers are entirely self-contained for off-grid glamping, outfitted with solar panels, deep-cycle lithium battery packs, heating, refrigeration, a fully equipped kitchen, a bed, ample storage, and an outdoor shower—all the key creature comforts without the requirements of traditional RV hookups.
Our guests even have access to in-house tutorial videos that can be downloaded and referenced offline, allowing newcomers to feel confident embarking on their first adventure.
For each van in our fleet, we charge a nightly rate averaging around $200. After the cleaning fee is calculated & added, users then have the option to purchase additional insurance packages at checkout. When combined with our average cost to purchase & build a rental unit at just $45K, it becomes clear that the economics of our vans are far superior to the traditional hotel room hospitality model.*
*when compared to the $147K average building cost per room for a midscale hotel (source), and average hotel room rates of ~$90-100 in late 2020 (source).
The Market
"Glamping" is growing as people return outdoors
The “glamping” industry is projected to grow to $4.8B by 2025, with millennials representing the fastest growing new camper demographic (source). The #vanlife lifestyle has garnered mass popularity in recent years and led to an explosion in demand for camper vans (source/source). Meanwhile, millennials are also spurring the continued growth of the experience economy, which is expected to reach $12B by 2023 (source). As technology and screen time become more and more ubiquitous, the recent trends in returning outdoors are likely to continue.
As non-traditional travel providers struggle to meet this new demand, our most direct competitors are third-party rental marketplaces such as Outdoorsy, RVshare, and RVEzy, which primarily offer factory-built RVs. Through a streamlined, assembly-line approach, we can build our camper vans cheaply and efficiently, and by renting directly through our own platform, we achieve the maximum margin for each rental.
Our Traction
After a successful pilot, we’re ready to hit the gas pedal
We launched a successful pilot program in February 2021, which allowed us to test demand, gather feedback, and refine our product offering. With minimal marketing effort, our vans were consistently booked through spring and summer, allowing us to expand our fleet to a total of five vehicles.
We’re currently generating enough revenue to cover our operating expenses while slowly expanding our inventory, but in order to position Excursion Van Rentals as the leader in the mobile hotel business, we believe we need to be aggressive in capturing market share as demand continues to grow. With this round of seed investment, we’ll optimize our build-out facility and work to expand our operations to the Bay Area.
In three years, we aim to have a location in every major city on the West Coast from Seattle to San Diego, allowing us to offer one-way rentals and align our inventory with market seasonality. We’ll also tap into additional markets by offering add-on adventures such as kayaking, horseback riding, and wine tasting.
Why Invest
The freedom of the open road is the future of travel
We believe we’re on the forefront of a new approach to travel, and our hope is that Excursion Van Rentals serves as the conduit for many unique, one-of-a-kind experiences for our guests.
Everyone should have the chance to experience the freedom of the open road, and we’re ready to lead the way.
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*The Company's Chief Executive Officer currently has multiple roles. The Company's Chief Executive officer also works as a Client Relationship Manager for Masterplans in a sales role capacity. While the Founder and CEO has dedicated over 40 hours a week and treated this business as a top priority during the beta testing phase, the capital needs of the business have necessitated splitting time and continuing to generate a side income in order to have funds to expand the camper van fleet. The CEO and Founder has done this through a sales role that requires roughly 20-25 hours weekly. A successful capital raise would allow the business to expand the fleet and shift existing rental revenue away from van acquisition and towards things like staffing and operating expenses. This shift will allow the Founders to focus even more on EVR as opposed to outside capital sources. We envision this shift will be possible once the rental fleet has doubled from 5 to 10 rental campervans. Five additional camper vans would require a capital raise of around $200,000.
ABOUT
HEADQUARTERS
8625 SE 32nd Ave
Milwaukie, OR 97222
WEBSITE
View Site
Excursion Van Rentals is ready to become the new leader in mobile hospitality. Our custom camper vans are optimized for ease of use and are designed to operate off-grid, offering you a hotel room on wheels for the most adventurous glamping experience possible.
TEAM
Austen Price
CEO/Founder/President of the Board
Austen's focus is on growing Excursion Van Rentals, however, he also currently works in a sales role for Masterplans. His plan is to transition full-time to Excursion Van Rentals. Please review the offering materials for more information.
Christian Kiewel
COO/Founder/Director
He then found a niche pursuing his first real estate venture. He bought a fixer, built “sweat” equity, only to leverage that equity to afford parcels of raw land, which he then developed into farms and ranches. At that point he became a small time land developer, focused on buying and selling raw land. During this time he regularly visited SE Asia, Europe, and Central America, which reinforced his view of the challenges of traditional travelling. When Christian moved to Portland he met Austen who introduced him to the idea of “glamping”, and the rest is now history.
TERMS
Excursion Van Rentals
Overview
PRICE PER SHARE
$2
DEADLINE
Apr 30, 2022
VALUATION
$10M
FUNDING GOAL
$10k - $1M
Breakdown
MIN INVESTMENT
$250
MAX INVESTMENT
$107,000
MIN NUMBER OF SHARES OFFERED
5,000
MAX NUMBER OF SHARES OFFERED
500,000
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Class B Non-Voting Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based:
Friends and Family Early Birds
Invest within the first 72 hours and receive additional 15% Bonus Shares.
Super Early Bird Bonus
Invest within the 10 days and receive additional 10% Bonus Shares.
Early Bird Bonus
Invest within the first two weeks additional 5% Bonus Shares.
Amount-Based:
$800+ | Tier 1
10% lifetime Owner’s Club discount and our eternal gratitude.
$1,200+ | Tier 2
10% lifetime Owner’s Club discount and 2% Bonus Shares.
$2,500+ | Tier 3
10% lifetime Owner’s Club discount and 4% Bonus Shares.
$7,500+ | Tier 4
10% lifetime Owner’s Club discount, voucher for 1 free rental night, and 8% Bonus Shares.
$22,000+ | Tier 5
15% lifetime Owner’s Club discount, voucher for 3 free rental nights, and 12% Bonus Shares.
$44,000+ | Tier 6
15% lifetime discount, voucher for 6 free nights with curated suggestions for touring the pacific northwest’s best destinations, 15% Bonus Shares.
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Excursion Van Rentals, 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 Class B Non-Voting Common Stock at $2.00 / share, you will receive 110 shares of Class B Non-Voting Common Stock, meaning you'll own 110 shares for $200. 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.
Offering Disclosure
Edward Price, the father of the Company’s CEO, has invested $1,000.00 in the Company’s current Reg CF offering.
Timm Kiewel, the father of the Company’s COO, has invested $7,750.00 in the Company’s current Reg CF offering.
Irregular Use of Proceeds
We will not incur any irregular use of proceeds
ALL UPDATES
02.04.22
3D Scanning
We wanted to share some plans we have to implement the automated manufacturing of components for our van build outs via the CNC machine we’re acquiring (if you are unfamiliar with the CNC machine we touched on it in a previous campaign update).
As you all know, modern vans aren't built perfectly square and matching contours for cabinets, paneling, countertops, etc., is extremely time consuming and requires some level of trial and error. With the help of modern 3D scanning tools we will be able to create precise digital renderings of the entire van interior. These renderings will allow us to build all of our components within CAD tool and ensure a proper fit without cutting a single piece of timber. Once a design is complete we can then convert those files directly to the DXF format required and upload them directly to our CNC machine. This is a game changer for our design and build process which will aid further innovations in our build outs and van functionality.
From all of us at EVR, be well!
01.12.22
Introducing the Excursion Van Guide App
Now that the holiday season is behind us and we're geared up for the new year and it's time for more creative development. As some of you may know a big part of our vision is not just renting vans, but rather helping curated experiences filled excursions for our adventure seeking clientele!
One of the most challenging aspects of travelling is sourcing and finding activities, places to eat, and campsite. We want to remove that pressure from the equation and the best way to do that is to provide a curated travel map of local destinations. By using our app customers can simply search for the best destinations, either ahead of time or on the go, and build a customized trip full of adventure. Whether it's hiking, wine tasting, kayaking, paddle boarding or finding an old western saloon, we've got you covered! The EVG app is integrated with both free and paid activities that create an additional revenue stream for the company and the platform will be open to all van travelers. Think of it like AirBnB experiences brought to mobile hospitality. The app also includes an in depth guide to our campervan functionalities to ensure clients are comfortable with the amenities well after their orientation at check out. We expect the app will be ready for launch in the coming weeks. I've included a sneak peak below.
Investors, we are ever so grateful for your support throughout this journey. However, we can't stress it enough, that what's good for us is good for you, so please share this campaign with others in your sphere, and let's take this company to new heights!
Best,
EVR
01.05.22
Hello Happy Campers!
Happy New Year from all of us here at Excursion Van Rentals! Hoping everyone has a safe and prosperous 2022. We also wanted to take this time to thank all of our investors and anyone else who is following our success. We've been looking into a few items that would drastically cut build time and labor costs.
One item at the top of our list that we have been interested in acquiring since we began this wild journey is a CNC machine. For those of you not familiar, let me elaborate. Computer Numerical Control or CNC is a machine that processes materials to specifications using programmed instructions. The best part: it's done without a manual operator directly controlling the machine. Simply put, what this will allow us to do is cut our cabinets, paneling, countertops, trim details, etc, and have them exact every time!! Vans are not built "square" making this step extremely time consuming and challenging. This machine will free up more time for us to focus on other aspects of the build process and/or business in general. Secondly, this will allow us to create fun, custom details specific to our brand and possibly even create a new marketing stream.
We are extremely excited to be embarking on this journey with you all!
Investors: Whats good for us is good for you! If you have friends and family in your sphere that you think would be as excited as we are about this, then please share the link with them.
It's a van business we can all fit.
Warm Regards, Excursion Van Rentals (EVR)
12.30.21
Welcome!
Welcome to everyone who has supported us thus far. Our journey is just beginning and we're excited to have you onboard!
Excursion Van Rentals was formed in February 2021 with the mission to put people outside, under the stars, in style and comfort. We are appreciative of the support from all our past customers, social media influencers, and everyone who has followed us through our journey as a startup. As we all know, the last few years haven't been easy, especially when it comes to travel, but we're here to help get people outside, exploring, and adventuring again in a safe and fun way!
Excursion Van Rentals is driven by CEO Austin Price and COO Christian Kiewel, between savvy entrepreneurially driven minds, business backgrounds and the love of building, we are eager and excited drive this business to the top.
Our vision is to give people the opportunity to experience #vanlife without the need to empty their wallets on a custom campervan. As we've launched we've innovated and found creative ways to minimize the costs to produce our glamping fleet in an effort to make our service as accessible to as many people as possible. Now it's time to expand our fleet and our footprint with these principles in mind.
Welcome to your hotel on wheels, buckle up, because we want to share it with you. We'll be posting campaign updates at regular intervals to share news and exciting updates. If you know anyon else who would like to come along for the ride please share our campaign link.
REWARDS
JOIN THE DISCUSSION
0/2500
Mark Su
a year ago
I’m a camper, glad to see more options in this space.
Couple of questions,
There are already few competitors in this space that do exactly same business model. How do you differentiate? There are also RVshare sites that you get competition from private RV owners, what’s your perspective?
The valuation is at 10M, can you also justify this?
Thanks
1
0
Koteswararao Venkata
24 INVESTMENTS
a year ago
will I get Start Engine Owner bonus 10% + Early bird bonus 10% = 20% extra shares
1
0
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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Kenneth Iha
a year ago
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