O'Live 1A
Olive-based gin
€141,100
total amount raised
- Backed by over 60 investors
- Eligible for a tax reduction
This campaign has been closed
Goals
In 2018, O’live sold about 9000 bottles of Gin in West Flanders only. From September 2019 onwards the focus will move to the other 8 provinces in Belgium, with some more realistic targets.
As of August 16, the international sales have reached 90% of the budget. The Belgian market is currently hitting 50% of the forecast, due to delayed start of the new freelance sales team that only kicked off in August. More focus is given to the sales of gift boxes. That's why O'live engaged co-investors with a large network in that business.
In 2020, the Belgian goals per province are set at 50% (compared to West Flanders' 2018 numbers) and at 200% for the export forecast. 2020 is also the year they plan to reach a breakeven point.
As of August 16, the international sales have reached 90% of the budget. The Belgian market is currently hitting 50% of the forecast, due to delayed start of the new freelance sales team that only kicked off in August. More focus is given to the sales of gift boxes. That's why O'live engaged co-investors with a large network in that business.
In 2020, the Belgian goals per province are set at 50% (compared to West Flanders' 2018 numbers) and at 200% for the export forecast. 2020 is also the year they plan to reach a breakeven point.
A full financial plan is available on request.