My name is Stephen Devlin, and I’m the founder of Stevie Go Go, a successful 6-passenger electric tuk-tuk tour service that started in Sarnia, Ontario. I secured a deal on season 19 of Dragons Den but it ultimately fell through 5 months later.
After seeing the success of our unique tours, we are ready to expand into Saint John, St. Martins, and Quispamsis by 2025.
Financial Projections:
We currently operate 20 tuk-tuks with strong financial performance:
• Daily Revenue per Tuk-Tuk: $300
• Operational Days per Year: 7 days a week, for 4.5 months (approximately 135 days)
Projected yearly revenue from our tuk-tuks:
• Revenue per Tuk-Tuk per Season: $300/day × 135 days = $40,500 per tuk-tuk
• Total Revenue from 20 Tuk-Tuks: $40,500 × 20 = $810,000 per season
With 350,000 cruise passengers expected in Saint John alone during the tourist season, the demand for our service is substantial. Based on current performance, we anticipate:
• Year-over-Year Growth: With expansion, we project 20-30% annual growth as we introduce tuk-tuks to new tourist-heavy markets.
• Future Fleet Expansion: Scaling to 40 tuk-tuks across multiple cities by 2026 could drive revenues to over $1.6 million per season.
Expanding Services with Stevie Fly Fly:
In addition to our tuk-tuk tours, we’re introducing Stevie Fly Fly, a 16-passenger shuttle connecting Saint John, Moncton, and Fredericton year-round, with Saint John Airport as a central hub.
This service will fill a major transportation gap, offering a reliable shuttle network for both locals and visitors.
The Ask:
To fuel this growth, we’re seeking
$150,000 in investment in exchange for 25% equity, with a focus on expanding into key markets in Eastern Canada. Your expertise in scaling consumer brands and growing businesses would be invaluable in taking Stevie Go Go to the next level.
I would love to partner with you to build something truly special together.
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