Bob's T-Shirt Store

Bob's T-Shirt Store Co-Op #7

Mascoutah, IL

http://www.BobsWorkShirts.com

Total Raised
$71,070.00
Total Payout
$79,626.00
Instructions

Inventory Inspection Type

16.9% Annualized $9.30 profit per pack

8.7 MonthsCo-Op Completed

30% PercentileAnnualized Co-Op Profit Margin Rank

Hello KF backers,

Thank you for checking out this Co-Op. My name is Bob Schubert and I am the owner of Bob's T-Shirt Store. I appreciate your consideration and possible support for my 7th inventory co-op with Kickfurther buyers. For this campaign Bob's T-Shirt Store is seeking $71,072.42 to purchase inventory that will be sold to a well established customer base of work apparel buyers. $54,602.00 will be used to purchase blank inventory and the remaining funds will be used to cover printing/embroidery costs. The return I'm willing to pay to Kickfurther backers that join me in this project is 12.03%. The expected timeline for completion is between 6 months and 9 months. The inventory will be sold and delivered to about 200 different locations. Most of the locations have purchased from me numerous times over the past 18 years. None of the inventory, for this project, will be sold and shipped to a customer that has not purchased from me at least 3 times.

160 Day Payment Term - I provide this work apparel wholesale clients a very long payment term often up to 5 months. This term is intentional and strongly decreases the likelihood that my repeat customers will work with another vendor.  

The breakdown of work apparel I am looking to purchase looks like this:

  • 920 Embroidered Fleece Jackets 

  • 4600 Polos 

  • 10,120 Short Sleeve Tees 

More information about the apparel we need to purchase is on the Product Details page.

This Co-Op will be conducted under the guidelines of the new inventory inspection model by KF.  It will also be the first Co-Op where I am in the self-manufactured category. I will print the shirts on my facility or contract out the printing to contract printers on a rolling basis. I have provided to Kickfurther invoices displaying the pricing I sell each of the funded SKUs at to my wholesale customers. I have submitted to both personal and business background and credit checks. I have signed a personal guarantee and have agreed to allow a UCC lien placed on my business until all of my obligations here are complete. 

If you have any questions about Bob's T-Shirt Store or this campaign...send me a message on the KF site, call me toll free at 1-800-7-TSHIRT, call me on my cell at 618-567-1730, or email me at bobstshirtstore@yahoo.com.

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