Are you ready to invest in the ideas and companies you believe in?   Register for our FREE seminar to learn how!
Artboard 1
Oil & Gas
Wholesale and retail propane gas for delivery or refilling.

$162,024

raised

108%
  • 72

    Investors

    $3,000,000

    Hard Cap

  • $11

    Price per Share

    $110

    Min. Investment

  • 273,000

    Shares Offered

    Min / Max

    Offering Type

  • $3,000,000

    Offering Max

    24 December 2022

    End Date

  • $150,000

    Min. Raise

    82

    Days Left

 

THE CHALLENGE

With the fluctuation in the price of propane and the negative impact on the supply chain due to Covid 19 and the war in Ukraine, the local market is being negatively impacted. 

THE SOLUTION

The solution is to bulk ordering of tanks and propane to ensure that there is sufficient supply to meet demarket demand and at an affordable price.

COMPETITIVE ADVANTAGE

 Nassau Gas & Tanks will address the challenges of the market by ensuring there is sufficient tanks of various sizes in inventory as well as locking in propane pricing for multiple years to stabilize local market pricing.

Gladstone Road Signage

OUR MARKET

 

Nassau Gas & Tanks is one of three companies authorized to import Propane into the Bahamas.

In 20 The company has operated since 1992 and is currently the only one importing Propane via Arawak Cay by utilizing company-owned 6500 gallon ISO tanks.  This method removes the challenges experienced by importing via Clifton Pier using tanker ships as the other importers currently do.

Our clients is a mix of commercial and retail customers with commercial clients being hotels, restaurants, and laundromats.

Our clients order via our website and have the ability to pay online. We also offer a customer loyalty program resulting in a high reorder rate.

OUR PRODUCT LINE

At Nassau Gas and Tanks we sell prefilled tanks ranging from 20lbs to 500 gallons. We also provide the convenient service of refilling tanks on site.

MEET OUR TEAM

STRATEGIC GOALS

Our strategic goals in this phase are:

  1. Grow sales by 30%
  2. Build on Corporate Governance  to be poised for future growth

USE OF FUNDS

The funds raised will be use to grow the business and to hedge the price of propane.

FINANCIAL DATA - HISTORICAL FINANCIALS

FINANCIAL PROJECTIONS

DOCUMENTS

AX CFOD PIC
Crowdfunding Offering Document
investor-pitch-deck
Pitch Deck