Need Startup Loan or a Partner
Posted on: Mon, 11/02/2009 - 10:49
Need Startup Loan or a Partner
Our restaurant will be a new player in the restaurant industry. The restaurant will be located in a prime spot near a new cinema theater and having over three hundred feet road front with a main highway leading to Mount Airy. Bolstered by the need for more choices in family-oriented dining experiences, the restaurant is positioned to take advantage of the market need and serve the families in the Mount Airy area.
The town of Mount Airy is rapidly growing with new hotels and a busy tourist destination. It is our company's strategy to exploit the first-mover opportunity and establish itself as the preferred pizza provider for the local and traveling public. We believe a locally-owned restaurant is the best option to serve the rapidly growing population with a fresh, unique, and inviting atmosphere will be desirable.
A financial partner in this venture and the unlimited potential this unique plan gives, could be good. We have the experience, the plan, the vision, but we lack the credit or resources to start. If we can build this company, and get financially able we would buy this land and building to secure the business and to add a hotel which would sit behind the restaurant. If this unique restaurant is a success, the business model documented and running, then we intend on adding other locations. The uniqueness and appeal to the traveling public could allow this venture, properly funded, to excel in the food and hospitality industry. The reason we are starting small, is to provide the data that investory like your would like to see and be willing to aid us in this vision. Being this place would be non-alcoholic, and non-tobacco, and menus and atmosphere that will appeal to the young at heart, every community we serve would welcome us.
This business plan calls for an exciting, profitable start-up year ahead with future forecasted growth as we meet the demands of the community. In all, this plan describes a healthy company with good growth prospects, looking to manage its orderly growth in the near future. We have the location spotted, and experienced staff, but no money or enough collateral. Need a partner or investor to make this venture possible.
Financial Need $276,000
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Always a plan should say about the good growth prospects. Plans should he profitable and exciting.
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I think you should do it when the economy has recovered from the recent recession it has experienced. At this rate, many are hesitant to let go of any cash they have on their pockets.
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Contact the community development director and find out if there are any programs that your business will qualify for (either grants or loans)
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If we can build this company, and get financially able we would buy this land and building to secure the business and to add a hotel which would sit behind the restaurant.
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Contact the community development director and find out if there are any programs that your business will qualify for either grants or loans.
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Yes this is true that If this unique restaurant is a success, the business model documented and running, then you can do something related to it.
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I am an investor who is looking to invest up to $1m into a great idea or operating business. I am looking for an equity stake in the company and can be a silent or hands on partner (every opportunity is different). I have unlimited access to print facilities and major distribution networks. I am an owner of a successful business that is still operating and has been for 10 years. I get tons of offers from people with their hands out and horrible ideas. I iphone weather apps am looking for a person that has a great idea but might need some cash, experience, business mindset or contacts to get the business off of the ground. Please do not tell me your business idea over the internet. What I need to know is how much money you are looking to receive, how long have you been perusing current idea or business, what you have invested yourself, and what industry your product or service falls into. I will sign a NDA before we meet if I am interested. I understand you cant tell me everything but again I need to be sold. Thank you
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Excellent business, but in a very competitive niche. At your restaurant should be a zest that will be to attract visitors. And of course good cooks. Well, your partner will need cash advance, as the value for money and can not get right away.
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According to this website (http://www.mountairy.org/community/start.html) parts of Mount Airy are eligible for enhanced economic incentives. Contact the community development director and find out if there are any programs that your business will qualify for (either grants or loans).
Best regards,
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Complete Kit for Starting a Business at LaunchX.com
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I sounds like you have thought this out carefully - try for an SBA loan - even if you don't get it, the experience will give you enough data to approach local angel investors. Try a local business networking group and ask about people who have made money in a similar business. You can approach them directly, or better via an accountant or lawyer to give you credibility.
Even though your place is in a nice and busy area, with this kind of economy today it is very risky to put up a new business. I think you should do it when the economy has recovered from the recent recession it has experienced. At this rate, many are hesitant to let go of any cash they have on their pockets. For sure with that kind of amount that will amount to a lot of cash advances for those who wants to make partnership with you. Good luck to your business. Hope people will patronize it.
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