This week has been absolutely INCREDIBLE!! In 2020, we have commitments for several hundred more retail locations which is truly and excited and the next evolvement for the brand as a whole. 10 oz bottle. It's pretty obvious, people love their coconut smoothies and incorporate them into their daily lives for better health and energy. In less than 5 years, we want to be at $40M-$50M in revenue and then have a successful exit for $150M or more. SPOILER ALERT if you haven't seen our Shark Tank Episode that aired on January 19th, 2020. Containing smoothie bowls, chia seeds, almond butter, coconut milk, frozen banana, maple syrup, cacao powder, protein, drinks, fruit and ice cubes. We are now in expansion mode. Our cash in hand is $343,000, as of November 2020. Serving Size . They did trade shows such as Fancy Foods Show, Natural Products Expo West, Green Festival, VegFest, Vegan Events, and so many more. Because of the complexities and uncertainties in establishing a new business strategy, it is not possible to adequately project whether the proceeds of this offering will be sufficient to enable us to implement our strategy. Recalls. Follow. Genius Juice has financial statements ending December 31 2019. Get groceries delivered and more. The Genius team went ALL-OUT, with enticing discounts in stores with partners such as Whole Foods across the country: And even put in Genius Juice custom-branded fridges in select high volume stores: What started as a small brand in Southern California grew into a national brand in now over 1,400 doors across the country including Whole Foods (4 regions), Natural Grocers, Albertson's/Safeway, Publix, and many more. Organic Coconut Water, Organic Coconut Meat. Plant-based. Our future success depends on the efforts of a small management team. https://www.sharktankblog.com/genius-juice-ready-to-drink-coconut-smoothies We don’t have any other sources of capital in the immediate future.We will likely require additional financing in excess of the proceeds from the Offering in order to perform operations over the lifetime of the Company. This product may contain small pieces of coconut husk or shell. Here is a quick note from our Founder/CEO, Alex Bayer. They do with Genius Juice. We are currently raising a new round of capital in a convertible note round. Nutrition Facts. Koia protein, smoothie, keto, and coffee plant-based drinks & shakes provide you a balance of complete plant-protein, fiber, and healthy fats. In March 2015, 9 months after opening their doors, we officially launched in all 55 Whole Foods stores across Southern California, Arizona, and Nevada. Over the three months prior, revenues averaged $162,845/month, cost of goods sold has averaged $107,949/month, and operational expenses have averaged $107,620/month. The team was still very small, they still drove the trucks, carried ingredients to the facility, picked up coconuts when needed for production runs, and more. The biggest obstacle is having enough capital to afford the inventory and production to satisfy demand for our product. Oversaw territory sales in LA for 2nd largest Acai company in the world, Zola. Airing on Shark Tank and the exposure has been a HUGE game-changer for us as a company. Genius Juice has created a line of 100% organic, whole coconut-based smoothies. This was to benefit children's hospitals and treat leukemia and rare blood disorders, Year over year growth in Q3 2019 of over 400 % for Genius Juice. Genius: Whole Coconut Smoothies - Duration ... 1 year ago; 0:35. Our long-term hope, which we can't guarantee is to be acquired and have a successful exit in 3-4 years once we achieve $40M-$50M in gross annual revenue and delivering 10x + returns for investors. The cause was centered around raising money and awareness for research and support to treat leukemia and rare blood disorders in children. It depends on what ingredients you add to them. If a competitor attempts to copy our product or produce something similar, they may be able to secure part of our market share. Organic Coconut Water, Organic Coconut Meat. Vegan Oil-Free Herb & Garlic Cashew Cream Cheese (Five Minutes) ... Five Genius Ways to Sneak More Veggies Into Your Kid’s Meals. There can be no assurance that we will be successful in attracting and retaining other personnel we require to successfully grow our business. Dairy free. We finally were able to close all of the investments and finalize the campaign. As long as you add uncooked whole food in its natural state, it is considered raw food. Move over coconut water, there is a new coconut drink in town! Sourcing. So, instead we are turning to you - our friends, fans, customers to invest in Genius. The up-cycled coconut husk is then processed into coconut charcoal and can also be utilized for renewable energy initiatives in Thailand including powering local cities with electricity! We were also offered a deal from 2 Sharks: Mark Cuban and Barbara Corcoran for $500,000 and we accepted! See more ideas about breakfast bowls, yummy food, eat. Raised $16M for this venture. The manufacturing methods of the company are pretty impressive- but does the product have any legitimacy when it come… We blend whole coconut into every bottle and it makes a rich, creamy & filling coconut smoothie. We have a zero-waste mission and UP-CYCLE the coconut! Shop weekly sales and Amazon Prime member deals. Interest is accrued annually at the applicable federal rate. Consumers are more and more wanting organic, clean, plant-based products. Alex Bayer, Founder and CEO, personally visited the farms and the plant where the coconuts were harvested, cracked open, and extracted. 32.5% - Sales and marketing (sales people salaries, merchandisers in the stores, promotions) Fast forward to early 2019, Genius released two new flavors, The Coffee Coconut Smoothie (which is now Mocha), and the Turmeric coconut smoothie. https://allsharktankproducts.com/.../genius-juice-coconut-smoothies Genius Juice Recently Launched a Crowdfunding Campaign. Launched in Whole Foods in 2015 and now in 4 regions of Whole Foods. 42.5% - Sales and marketing (sales people salaries, merchandisers in the stores, promotions, launch into additional retailers, expanding our retail footprint) Grab a bite to eat. We have achieved an INCREDIBLE milestone hitting $200,000 on our WeFunder campaign!! Shop weekly sales and Amazon Prime member deals. Find a Whole Foods Market store near you. Not all smoothies are raw. We are so close to $300,000, which is a MAJOR MILESTONE for us. I hope this message finds all of you well, healthy, and safe.It has been intense the last 6-8 weeks since the COVID-19 epidemic has really hit the US hard, a... Hi Genius Juice Investors/Fans/Followers,We hope you are staying safe and healthy during these times.Our WeFunder Campaign is closing in 5 days and we recent... Hello All ‘Genius Juice’ WeFunder Investors!We wanted to thank you again for investing in Genius Juice. We use a single co-packer. This is due to popular demand that several investors hav... Help us reach our goal of $1M. Thanks for your patience as it was a le... To All Investors,I wanted to personally thank each and every one of you for investing in Genius Juice and also following us on WeFunder through this extraord... Hi Everyone!I know we have been sending out campaign closing updates every few days. Over the last three months, revenues have averaged $162,845/month, cost of goods sold has averaged $107,949/month, and operational expenses have averaged $107,620/month, for an average burn rate of $52,724 per month. Before introducing you to our story of how Genius Juice was created and our growth as a brand: We are proud to announce Genius Juice was featured on SHARK TANK on January 19th, 2020 nationally on ABC and achieved over $120,000 in online sales in under 24 hours from the airing. No added sugar, electrolytes. The Company intends to raise additional capital in the future from investors. We accept Visa, Mastercard, Discover and American Express. Territory Sales Manager - Southern California. We are in the early-stage growth phase since we already have a proof of concept, existing sales and distribution. 5% - Working capital and administration expenses We operate in a highly competitive beverage space. Our Genius Juice Original Whole Coconut Smoothie uses super simple ingredients like organic coconut water and coconut meat blended into a creamy coconut smoothie. Visit us online to learn more! * FREE delivery on your first order with Express. The team (being just Alex and his then business partner and close friend Keith) quickly went into a local commissary and started cracking open young thai coconuts and making the smoothies themselves, scraping out the coconut meat with a spoon and pouring the coconut water into blenders. $49.97$49.97. Every morning, he made make a creamy, thick smoothie that would give him the energy and boost he needed while on the go. If you fail, what would be the reason? We are expecting our run rate to be at nearly $3M by end of year and over $4m by Q1 2021. Our intent is to be profitable in 12 months. In 2017, Genius made an epic change for the better and partnered up with a great supplier and began sourcing the coconuts directly versus through a 3rd party broker, gaining more control and better pricing from a direct supplier. Strong branding and distribution in natural and conventional channels. This will give us enough funding to release an amazing project we have been working on for the last 6 months. Instagram: (at)genius_juice. A daily activity he loved doing was making plant-based organic smoothies for breakfast or for a snack. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. 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