GET A PIECE OF GARAGESKINS
Proven scaling production: 66 units shipped from Alaska to Florida, all made in the US, with a developed and validated production process, and lab and real-world tested for environmental stress.
Retooled for growth: The retrofit of our production facility is in progress plus our automation equipment has been identified with purchase orders ready to go.
Strong $2.27B market: 4.1K requests to order, 200+ orders in backlog (with minimal ad spend), & $805K revenue to date. Plus over 30M existing garage doors are compatible with our systems, just in the US!
the pitch
Are you tired of settling for your lackluster garage door? GarageSkins, Inc. was founded by Rick Medlen, an innovator, engineer, and homeowner with a desire for a high-quality, real wood garage door. But after searching tirelessly for a beautiful garage door, he found the “best” steep price of $8,500 which was definitely out of the budget. So with a passion for innovation and an engineering background, Medlen set out to create the ultimate solution for homeowners craving the beauty of a solid wood carriage house garage door—without breaking the bank.
At GarageSkins, we've perfected the art of transforming ordinary boring garage doors into beautiful high-end designer doors quickly, easily, and at a fraction of the cost of a real-wood garage door. Our patented real wood garage door overlay systems boast an ingenious DIY "snap on" magnetic installation. The secret lies in our lightweight underlayments, bonded with exquisite real wood veneers and embedded with ultra-strong rare earth magnets, resulting in a stunning, high-quality garage door that we believe can add 6x value to your home.
GarageSkins is on a mission to help you elevate your home.
THE opportunity
There are a few ways to upgrade your existing garage door. Replacing it with real wood, adding faux paint, even installing add-on faux hardware and windows all can dramatically enhance your garage door’s look, but the bottom line with these options is that they are costly, timely, and require manual labor, according to our research. Our affordable and unique new panelized overlay systems bring a brand-new, accessible solution for customers who are looking for a simple, quick, and affordable way to upgrade their garage doors, without breaking the bank.
Unlike traditional methods such as real wood replacements or faux paint, GarageSkins offers a unique panelized overlay system that effortlessly transforms your existing garage door into a high-end masterpiece. Our revolutionary product, protected by our already-issued US utility patents, replicates the look of a $10,000 real wood garage door without the need to upgrade any of the opening components. It's a cost-effective and time-saving solution that puts the power in your hands. With our direct-to-consumer (DTC) model, we cut out the middleman and attempt to keep the pricing affordable for almost any budget. Plus, our scalable production capabilities in our 60,000 sq. ft. factory enable us to meet the market demand.
THE market & our traction
Our industry is a unique one as GarageSkins does not operate in the garage door market, but rather our product aligns more with home decor, as we do not produce the garage door itself or its mechanical systems. As the US home decor market continues to flourish, with a projected value of $158 billion by 2027, GarageSkins aims to capture the attention of homeowners who prioritize the overall ambiance and completeness of their living spaces. (Source)
Our target customers are discerning homeowners residing in suburban areas, boasting a median or higher level of annual household income. These individuals understand the value of investing in both the exterior and interior of their homes, and they crave an immediate enhancement to their home's curb appeal. With GarageSkins' innovative overlay system, we believe these homeowners can achieve a stunning transformation that will make their neighbors green with envy.
From being featured in esteemed publications like Charles + Hudson and This Old House Magazine, to receiving a US utility patent and registering a US trademark, we believe GarageSkins is making its mark. (Source) We believe the demand for GarageSkins is undeniable, with over 4,500 requests to order pouring in. We have identified and secured a robust supply chain for our raw materials to ensure seamless production and delivery. With development completed, prototypes successfully installed, and our first products shipped, the response from customers has been overwhelmingly positive.
why invest
As we continue to rev up the momentum, our website remains a hub of activity, with over 4,500 potential buyers eagerly waiting for their chance to transform their homes with GarageSkins. Builders, realtors, stagers, and homeowners contact us all the time looking for an affordable garage door transformation product. We believe our optimized production process, state-of-the-art equipment, and dedicated team ensure that we deliver the highest quality home improvement goods while fostering an atmosphere of diversity, accountability, equality, and open communication. With phase one successfully underway, we're gearing up for phase two with a production plan designed to rapidly scale our output without sacrificing the high quality that’s core to our company.
Led by a seasoned management team with deep industry connections and expertise in startup operations, we believe GarageSkins is positioned for success. Our focus on building inventory and meeting order demand aligns with our commitment to providing the highest service standards to our customers, suppliers, and retail partners.
Don't miss your chance to be part of this groundbreaking journey. Invest in GarageSkins today and become a key player in shaping the future of home improvement.
GarageSkins, Inc. was formed to develop, launch, manufacture, and sell our patented GarageSkins real wood garage door overlay systems across the US. We have 4,141 requests to begin an order, 210+ orders in backlog and have achieved $805,000 revenue to date.
Ronald Doornink
Board Member
Prior to this, he held progressive positions in marketing and general management with the Procter & Gamble company. Ron holds an MBA degree from Columbia University and received his degree in economics from the Hogere Economische School of Arnhem in the Netherlands. Ron has four grown children; he and his wife, Martha, reside in Boerne, Texas.
Julie Medlen
Vice President of Sales and Marketing
After owning my own interior design agency for 9 years, I accepted a position as one of the initial employees of Custom Decorators, Inc. This company grew to almost 1,000 employees and I grew with it, eventually managing several states, and acting as the corporate liaison with most channel partners, which included The Home Depot, Macy’s, DirectBuy, Sam’s Club, and Costco. It was this position I left to help start GarageSkins, Inc.
Robert Brock
Vice President of Operations
Chris Erickson
Board Treasurer
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 & Bonuses*
Loyalty Bonus
If you previously reserved shares in GarageSkins's Testing the Waters Landing Page, you will receive 5% bonus shares.
Time-Based Perks
Super Earlybird Bonus - Invest within the first 7 days and receive 10% bonus shares
Earlybird Bonus – Invest within the first 14 days and receive 5% bonus shares
Volume-based Perks
Tier 1 Perk — Invest $2,000+ and receive 2% bonus shares
Tier 2 Perk — Invest $5,000+ receive 5% bonus shares
Tier 3 Perk — Invest $10,000+ and receive 10% bonus shares
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
Crowdfunding investments made through a self-directed IRA cannot receive non-bonus share perks due to tax laws. The Internal Revenue Service (IRS) prohibits self-dealing transactions in which the investor receives an immediate, personal financial gain on investments owned by their retirement account. As a result, an investor must refuse those non-bonus share perks because they would be receiving a benefit from their IRA account.
The 10% StartEngine Owners' Bonus
GarageSkins, 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 Series A Preferred Stock at $0.84 / share, you will receive 110 shares of Series A Preferred Stock, meaning you'll own 110 shares for $84. 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 canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and the Loyalty Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative.
Members get an extra 10% shares in addition to rewards below!
Earn 10% Bonus Shares
Earn 10% bonus shares in this investment and all eligible investments for an entire year. If you are not already an Owners bonus holder, you can join now, for $275, billed annually.
Tier 1 Perk
Invest $2,000+ and receive 2% bonus shares
Tier 2 Perk
Invest $5,000+ and receive 5% bonus shares
Tier 3 Perk
Invest $10,000+ and receive 10% bonus shares
0/2500
11 days ago
1
0
11 days ago
1
0
14 days ago
1
0
Cancel anytime before 48 hours before a rolling close or the offering end date.
We want you to succeed and get the most out of your money by offering rewards and memberships!
Your info is your info. We take pride in keeping it that way!
Invest in over 200 start-ups and collectibles!
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
Important Message
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. INVESTMENTS ON STARTENGINE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.
www.StartEngine.com is a website owned and operated by StartEngine Crowdfunding, Inc. (“StartEngine”), which is neither a registered broker-dealer, investment advisor nor funding portal.Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital, LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary, LLC, a broker-dealer registered with the SEC and FINRASIPC . You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system regulated by the SEC and operated by StartEngine Primary, LLC, a broker dealer registered with the SEC and FINRA. StartEngine Primary, LLC is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.Investment opportunities posted and accessible through the site are of three types:
1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.
Any securities offered on this website have not been recommended or approved by any federal or state securities commission or regulatory authority. StartEngine and its affiliates do not provide any investment advice or recommendation and do not provide any legal or tax advice with respect to any securities. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. StartEngine does not verify the adequacy, accuracy or completeness of any information. Neither StartEngine nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site. See additional general disclosures here.By accessing this site and any pages on this site, you agree to be bound by our Terms of use and Privacy Policy, as may be amended from time to time without notice or liability.Canadian Investors Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.
California Investors Only – Do Not Sell My Personal Information(800-317-2200). StartEngine does not sell personal information. For all customer inquiries, please write to contact@startengine.com.
StartEngine’s Reg A+ offering is made available through StartEngine Crowdfunding, Inc. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view StartEngine’s offering circular and risk associated with this offering.StartEngine Marketplace
The availability of company information does not indicate that the company has endorsed, supports, or otherwise participates with StartEngine.
None of the information displayed on or downloadable from www.startengine.com (the 'Website') represents a recommendation, offer, or solicitation of an offer to buy or sell any security. It also does not constitute an offer to provide investment advice or service. StartEngine does not (1) make any recommendations or otherwise advise on the merits or advisability of a particular investment or transaction, or (2) assist in the determination of fair value of any security or investment, or (3) provide legal, tax, or transactional advisory services.
All investment opportunities are based on indicated interest from sellers and will need to be confirmed.
Investing in private company securities is not suitable for all investors. An investment in private company securities is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. Each investment also carries its own specific risks, and you should complete your own independent due diligence regarding the investment. This includes obtaining additional information about the company, opinions, financial projections, and legal or other investment advice. Accordingly, investing in private company securities is appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment.
StartEngine Marketplace (“SE Marketplace”) is a website operated by StartEngine Primary, LLC (“SE Primary”), a broker-dealer that is registered with the SEC and a member of FINRA and the SIPC. StartEngine Bulletin Board ("SE BB") is a bulletin board platform that advertises interest in shares of private companies that previously executed Reg CF or Reg A offerings. SE BB enables shareholders to communicate interest in potential sales of shares in private companies and investors to discover, review, and potentially invest in private companies. As a bulletin board platform, SE BB provides a venue for investors to access information about private company offerings and connect with potential sellers. SE BB is distinct and separate from StartEngine Secondary (“SE Secondary”), which is an SEC-registered Alternative Trading System (ATS) operated by SE Primary. SE Secondary facilitates the trading of securities by matching orders between buyers and sellers and facilitating executions of trades on the platform. While a security may be displayed on the bulletin board, these securities will be subject to certain restrictions which may prevent the ability to buy and sell these securities in a timely manner, if at all. Even if a security is qualified to be displayed on the bulletin board, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.
David Amin
9 days ago
1
0