CLOSED
GET A PIECE OF GOBQ GRILLS, INC.
GoBQ Ultra Portable Grills & Accessories
GoBQ produces portable grills made from foldable fireproof fabric. The GoBQ® Grill, which retails for $149.95, is compact enough to fit in a backpack and be stored in a drawer. Weighing in under 10 pounds, it is easy to carry on bike or by foot. We have won multiple awards, including “Best Portable Charcoal Grill“ from CNET and “Best New Product” status from AmazingRibs.com. There is no grill on the market that matches the GoBQ grill on both portability and functionality. The GoBQ grill also cools 7 times faster than any other grill on the market, making it truly practical to travel with.
$270,529.80 Raised
REASONS TO INVEST
Market Accolades: GoBQ has earned rave reviews from customers, grilling experts and media. CNET named the GoBQ “The Best Portable. Charcoal Grill of 2020”, and Popular Mechanics chose the GoBQ as the “Best Collapsible Grill.”
Patented Technology: GoBQ® is the first grill on the market made with fireproof fabric, with a utility patent that is key to disrupting a market that’s lacked innovation for decades.
Growth Potential: As consumers increasingly turn to camping and short getaways by car or RV, GoBQ's expansion into a full line of grills, tools and accessories is well-timed and uniquely positions the company to meet this growing demand.
ABOUT
HEADQUARTERS
3742 N Janssen, STE 1
Chicago, IL 60613
WEBSITE
View Site
GoBQ produces portable grills made from foldable fireproof fabric. The GoBQ® Grill, which retails for $149.95, is compact enough to fit in a backpack and be stored in a drawer. Weighing in under 10 pounds, it is easy to carry on bike or by foot. We have won multiple awards, including “Best Portable Charcoal Grill“ from CNET and “Best New Product” status from AmazingRibs.com. There is no grill on the market that matches the GoBQ grill on both portability and functionality. The GoBQ grill also cools 7 times faster than any other grill on the market, making it truly practical to travel with.
TEAM
Todd Zaroban
CEO
Eric Goeken
Chief Product Designer
John Cooper
Financial Advisor
McKay Johnson
Engineering Advisor
TERMS
GoBQ Grills, Inc.
Overview
PRICE PER SHARE
$0.60
DEADLINE
Apr. 10, 2021 at 6:59 AM UTC
VALUATION
$6M
FUNDING GOAL
$10k - $1.07M
Breakdown
MIN INVESTMENT
$300
MAX INVESTMENT
$106,999.80
MIN NUMBER OF SHARES OFFERED
16,666
MAX NUMBER OF SHARES OFFERED
1,783,333
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
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.
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.
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. Any expense labeled “Travel and Entertainment”.
PRESS
Review of the GoBQ: A Fabric-Based, Collapsible, Charcoal Grill
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!
ALL UPDATES
REWARDS
Owner’s Bonus
Owner’s Bonus Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
JOIN THE DISCUSSION
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Dwayne Franklin Sr
a year ago
Hello with "peak grilling season" now upon us is the next update scheduled anytime soon?
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Andrew Houston
2 years ago
I’m a little worried about this investment. There have been no recent updates here or social media. Any plans to start paying back investors?
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Parag Mehta
2 years ago
Where is the CF investing tier benefits that should have been owner to us by now? Looks like quite a few investors haven’t received what they were offered as part of investment opportunity
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Eric Nadler
3 years ago
Why has there been no communication from GoBQ since the close of the funding round? Why have my funds not been accepted yet?
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Nicholas Watt
3 years ago
Todd, I remember seeing one of the first prototypes years ago and I was struck by how well it preformed for its size/weight/ and materials. It's past time for me to invest. GoBBQ has checked the boxes for me on what I'm looking for on the MFG side of the business. Best of luck and go get 'em!
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Dennis Lee St Lawrence
3 years ago
Another possible thought is if they would also be consider a tax write off as advertising?? Just thing out loud! Some sometimes sticks and sometimes just slides on down!! I try to make everything fun as well as profitable in case you haven't figured it out!!
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Dennis Lee St Lawrence
3 years ago
That's great and like i figured too early in the game. Another? come to mind while was reinvesting. About getting a T-shirt. The reason I wanted the grill is to be able to take with me during motorcycle events and other outings. It would be logical to wear our T-shirt during those times! Thinking maybe should have gone to the $500.00 dollar amount before going to the $1,000.00 plus amount. Or are we lucky enough to get the T-shirt as well as the grill. If yes, I wear a XL please. LOL Or maybe even have our own apron with our Logo on them!! Advertising at it's best==$$
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Dennis Lee St Lawrence
3 years ago
Dennis St Lawrence; I invested $ 310.50 and would like to invest some more into your great products. Question is with another investment of $700.00 would that qualify me to for the $1,000.00 membership and get the grill? Please keep up with the great job I feel you're all doing!!
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Dennis Lee St Lawrence
3 years ago
That's really great and thanks for the very fast response! Much apricated. An aside; while waiting for your reply got to wondering if you'd considered offering those of us that are serving in the service or have served some kind of military discounts or is it too early in the game?
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
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FAQS
Crowdfunding
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.
George Wright
6 months ago
Do we ever get paid from our investment
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