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Beach Palms

Bluetooth-enabled shower caddy

About

SHOWER SOUNDS is a patent-pending Bluetooth speaker-enabled shower caddy that holds a cellphone and a dry towel. This consumer product may save energy because a wet body requires more heat to stay comfortable. If a customer is warm when they step out of the shower, they may decide to lower their home temperature. This product disrupts the bathroom landscape because it may save energy and provides comfort, security, and convenience to consumers. The bath accessory market is $2.77 billion dollars. The US market includes cellphone and tablet owners, households, campers, health club visitors, boaters, rv owners, and students. The container and speaker cost $15.85, retail for $69.99. Profits on a first year production of 70,000 units range from $1.3M (wholesale) to $3.7 million dollars (online). We will use the investment for development, prototypes, and manufacturing. We are asking for $350 thousand dollars for 35% of preferred stock. We project $10 million revenue in 3 years.