Upper Park Disc Golf

Special Purpose Vehicle (SPV) formed to invest in Upper Park Disc Golf.

This is an Investment opportunity. Upper Park is a DTC Ecommerce business selling the highest quality disc golf bags.

Deal Terms

Target Raise Amount: USD$300,000

Max % of Equity on Offer: 25%

Pre Money Value: USD$900,000

Minimim Investment: USD$25,000

Forecasting Substantial Growth

The business has demonstrated strong TTM (trailing twelve month) growth, revenue is up 66% YoY and profit is up 226% YoY (discretionary costs removed for 12M ending Aug 2021 and growth rate calculated using the absolute method).

The business is now planning for and forecasting substantial growth targeting 2023 revenue of $1,035,000 (42% YoY growth), 2024 revenue of $1,600,000.00 (55% YoY growth), and 2025 revenue of $2,500,000.00 (56% YoY growth).

Trailing Twelve

Sep 2021 – Aug 2022

Growth YoY: 66%

Growth YoY: 226%

2023 Forecast

Jan – Dec 2023


2024 Forecast

Jan – Dec 2024


2025 Forecast

Jan – Dec 2025


Flippa Exit Index

Based on Flippa’s Exit Index, the Upper Park is targeting a 2026 enterprise value of $2,500,000 (4x EBITDA). This would give investors a return on capital of 108%.

About the Business


This is a special purpose vehicle (SPV) formed to invest in Upper Park Disc Golf.

This investment opportunity is to purchase interest in a special purpose vehicle (the “Fund”), managed by Assure Fund Management II, LLC (the “Manager”).

The fund will invest substantially all of its assets in the Portfolio Company.

The organizer is Flippa, Inc., a Delaware corporation (the “Organizer”), and the Organizer receives a 10% carried interest from the Fund. There is also an annual administrative fee of 1% paid by each investor to the Organizer for organizing the fund, plus a SPV organisation and origination fee, paid to the Manager, which is pro-rated amongst the investors and is paid out of capital contributions.

This investment is available to accredited investors only and all investors will be required to complete a 506c accreditation check, carried out by the Manager, Assure Fund Management II, LLC.

To express interest and for a confidential conversation with Martin Bispels, CEO, select “Contact Seller”.

Key Steps:

  1. Review the executive summary below.
  2. Review the confidential ‘Intro Deck’ presentation linked above.
  3. Select “Enquire Now” to express interest and to enter a confidential discussion with Martin Bispels, CEO.
  4. Carry out the requisite accreditation, paperwork and investment on Assure.co (a dedicated link to the opportunity will be provided).

Executive Sumary:

Did you know there are over 50 MILLION games of disc golf played in the US annually?

The disc golf market is worth USD 205.7 million in 2022 and is forecast to a readjusted size of USD 538.5 million by 2028 with a CAGR of 17.4% during the review period. – Market Growth Reports

Upper Park Disc Golf is an ecommerce business capitalizing on the growing Disc Golf sport with the highest quality Disc Golf backpacks available industry-wide.

Since acquisition in 2020, the cash flow positive business has undergone substantial improvement with 66% YoY revenue growth to a trailing 12 month revenue of $760,338.

Key Operational & Marketing Highlights 

  1. We have a US based design team and work with two manufacturers – China and Vietnam – producing best-in-class bags that are suitable for beginner and professional disc golfers.
  2. Our range includes three disc golf backpacks ranging in price from $164 to $239 and we operate on a gross profit margin of 80%. We also carry a bulk disc storage bag and a beginner bag.
  3. Our bags are designed to last but we do have a healthy repeat and returning customer rate of 21.87%.
  4. Top professional players choose our bags contributing to a robust influencer and partner marketing function:
  • Pro player sponsorships with 40+ disc golf pros
  • Tournament sponsorships and partnerships

What comes next?

The business is now planning for and forecasting substantial growth targeting 2023 revenue of $1,035,000 (42% YoY growth), 2024 revenue of $1,600,000.00 (55% YoY growth), and 2025 revenue of $2,500,000.00 (56% YoY growth).

3-year EBITDA targets are:

– 2023 $134,550

– 2024 $288,000

– 2025 $625,000

Based on Flippa’s Exit index our 2026 exit target is $2,500,000, giving investors a return on capital of 108%.

Use of funds

Targeting a minimum $150,000 and maximum $300,000, the growth capital would allow us to:

    1. Increase our range
      The biggest disc golf bag seller has 38 bags in hundreds of colors. Customers love our bags but are asking for more variety. We would expand manufacturing in line with customer expectations.
    2. Diversify
      We have successfully tested selling discs but it’s not a core focus. We can add material revenue to our business by expanding into the most obvious product line: discs. We can enter this market without being an OEM, sourcing existing molds with unique designs to differentiate our offerings.
      Similarly, disc golf apparel is a lucrative ancillary product opportunity we have tested successfully and will fast track with growth capital.
    3. Expand distribution
      We are actively pursued by retailers and can expand our channels accordingly. There are thousands of disc golf retailers in the U.S. alone. We currently sell wholesale to under 50 stores.
    4. Market expansion
      There’s an untapped and burgeoning disc golf scene in Europe. We have garnered orders from a few individual stores as well as two larger retailers. This can expand to full containers of direct-from-factory orders.


Deal Terms

  • Total number of securities currently on issue: 1,000,000
  • Pre-money Valuation: $900,000 USD (1.17x Revenue)
  • Max percentage of securities on offer: 25% (based on raise amount of 300K on the post-money valuation of $1.2MM USD)
  • Minimum Raise: $150,000 USD
  • Target Raise: $300,000 USD
  • Minimum investment: $25,000 USD
  • Type of security on offer: Portfolio Company Securities. Defined as Common stock issued or issuable to the Fund (in the case of a corporation) or unit securities issued or issuable to the Fund (in the case of an LLC).

About this Offering
Investors will be investing into a limited liability company (“SPV”) formed solely for the purpose of holding the securities issued by the Company in this offering. Each investor will hold an interest in the SPV that corresponds to their investment in the offering, but will not be a direct stockholder in the Company.

About the CEO & Owner

Martin is spearheading Upper Park’s growth and eventual dominance in this space. He’s a rare breed. Not only is he a passionate disc golfer but he’s a prominent Ecommerce and Retail executive having held executive roles at QVC. Martin managed all product development and marketing activities across QVC’s broadcast, Ecommerce, mobile and social platforms. At the time, QVC was the 10th largest Ecommerce business by web sales and the 4th largest multi-category retailer in North America. He eventually moved into the VP, Business Development role, building QVC’s M&A strategy.

Martin is active in the disc golf community including his role as President of the Board of Directors for Universal Play Disc Golf which is a 501(c)(3) non profit organization. The organization’s mission is to promote health, well-being, and enhance communities through the provision of educational disc golf programs.

***Please select Contact Seller to express interest***

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