|1||Established Women's Athletic Fashion Brand|
|2||Addressing a void in the Women's Global Golf Apparel market with versatile, functional products|
|3||Year round, global, e-commerce business with multiple sport and fashion cross over revenue growth opportunities|
Superior golf apparel for today’s fashionable, active woman.
The team at BO&NIC, is very excited to offer global women golfers and ultimately tennis players, what we believe to be the first fashionable and functional apparel line.
This starts with a proven and highly adaptable line of golf skorts that gracefully transition from active use on the golf course to a fashion forward evening out. Enabling us to address an open and presently untapped global opportunity with a market of over 30 million female golfers. Propelling us forward with the introduction of new silhouettes, complimentary tops, plus sizes and cross over styles for the millions of tennis enthusiasts.
Achieving this is a highly experienced team with decades of global Fortune 500 design, product, innovation, merchandising, sales, operations, supply chain and e-commerce successes. We personally invite you to review our product selection via the site link below and will look forward to discussing carrying our product.
Nicholas Solazzo | Founder
Scott Brown | CEO
Web Page - come visit our product. We bet you won't be able to leave without buying something.
Why have we refreshed BO&NIC -- We saw a void in the Market
What is BO&NIC
The Growth Opportunity – is a lot larger than you might think and a global one.
The Competition – they are out there but not in this market segment (in our opinion).
They are focused on athletic sport product while our company is Fashion oriented with higher quality product, at same to lower price points.
Strategic Plan for Growth – what we’ll do with the $$’s post funding raise.
Revenue Opportunity – conservatively, we think it's large.
Customer Testimonials – don’t just believe us our product is GREAT
“I LOVE my SKORT. Not only is it comfortable, it is versatile and interchangeable. You can exercise in them, bike ride, wear them to breakfast, lunch and dinner. The best is you can swim in the ocean and even jet ski in them!! Dries in seconds, travels perfectly and great prints.” ~Trish, NJ
“I love the skort and am wearing the leopard today!” ~Cheryl, NJ
“So easy to pack!” ~ Deanna, TX
“I love your products” ~ Judy, OH
“…exactly what I am looking for” ~Nancy, MA
“The fabric is so comfortable” ~Jean, CT
“. . .in Belize! These clothes are perfect for traveling!!” ~Maryanne
The Team - Industry experts from a wide range of Fortune 500 companies have come together to lead this company with over 135 cumulative years of fashion and sports / fitness experience.
BO&NIC has financial statements ending December 31 2019. Our cash in hand is $2,500, as of December 2019. Over the three months prior, revenues averaged $2,000/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $1,500/month.
Management’s Discussion and Analysis of Financial Condition and Results of Operations
You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and the related notes and other financial information included elsewhere in this offering. 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. You should review the "Risk Factors" section for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis.
BO&NIC is a women's sport fashion apparel company based in New York and Portland, OR
Hallmark of the brand is a 4-way stretch jersey fabric
We offer global athletic women a fashionable, functional and versatile apparel collection that includes tops, bottoms and dresses
In 5 years we hope (but not guarantee) to reach $10M in total revenue with a fashionable, functional women's apparel collection focused on addressing a current void in the global Golf and Plus size markets. These figures are forward-looking and cannot be guaranteed.
Nick's Sport LLC was incorporated in the State of Oregon in May 2019.
Since then, we have:
Historical Results of Operations
Our company was organized in May 2019 and has limited operations upon which prospective investors may base an evaluation of its performance.
Related Party Transaction
Refer to Question 26 of this Form C for disclosure of all related party transactions.
Liquidity & Capital Resources
To-date, the company has been financed with $31,475 in debt and $27,000 in convertibles.
After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 6 months before we need to raise further capital.
We plan to use the proceeds as set forth in this Form C under "Use of Funds". 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. Except as otherwise described in this Form C, we do not have additional sources of capital other than the proceeds from the offering. 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. This complexity and uncertainty will be increased if less than the maximum amount of securities offered in this offering is sold. The Company intends to raise additional capital in the future from investors. Although capital may be available for early-stage companies, there is no guarantee that the Company will receive any investments from investors.
Runway & Short/Mid Term Expenses
Nick's Sport LLC cash in hand is $2,500, as of December 2019. Over the last three months, revenues have averaged $2,000/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $1,500/month, for an average net margin of $500 per month.
We have secured collaborative and brand synergy partnerships with (ShipSticks and Ouul) to broaden brand awareness and drive consumer traffic. We've also secured retail partnership collaboration with International Cruise Ship retailer to offer our products on over 150 cruise ships and secured new retail partnership with largest North American Golf distributor, GNG out of Canada to retail our products.
We believe (but cannot guarantee) that expenses will remain static in the next 3-6 months. However, with exposure via the funding platform to investors, resulting in site traffic and brand awareness, we hope (but cannot guarantee) that to generate $250,000 in revenue one year after this Offering. Other sources of capital we are looking to secure are via private investors. We have no immediate plans to raise additional capital.
Consumer product demand could shift away from interest in our product which would directly impact our revenue projections and require additional product design to meet new demand trends.
A competing brand apparel company identifies a similar product opportunity and saturates the market, under prices our brand.
Cost for raw materials and finished product manufacturing could shift to a more expensive model which would impact our margins and revenue projections.
The company fails to earn a profit prior to becoming insolvent. This will occur should we not secure sufficient inventor funding to enable growth success.
Our future success depends on the efforts of a small management team. The loss of services of the members of the management team may have an adverse effect on the company. There can be no assurance that we will be successful in attracting and retaining other personnel we require to successfully grow our business.
Without investor funding Scott Brown is a part-time officer. As such, it is likely that the company will not make the same progress as it would if that were not the case.
Without investor funding Glenn Smith is a part-time officer. As such, it is likely that the company will not make the same progress as it would if that were not the case.
Without investor funding Stephanie Conover is a part-time officer. As such, it is likely that the company will not make the same progress as it would if that were not the case.
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