David Cook
LeRoy, NY (USA)
Role(s):
Founder/Owner/Principal
DL & Hayden Adventures
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Startup
Location:
LeRoy
Industry:
Food Service/Restaurant
Year Founded:
1998
Number Employees:
1-10 people
Description:
I currently have owned a ice cream shop for 10 years now and have done very well. It is a seasonal business and i started out my first year at sales of around 63,000. Now in out 10th year we have built it up to over $150,000 a year. Did i mention we are closed 5 months out of the year. Pretty good for a building that's only about 600 square feet and only seats 16 people inside. We have really maximized the space we have. Take you back about 17 years ago and i was working at a place that did a amazing business. I have always said if it ever goes for sale i am going to buy it. So about one month ago it went up for sale. $125,000 includes the equipment, the land, the building, and any left over product. The main problem is they have let the business go down the drain. Claiming they only did $260,000 in sales last year. To myself i feel that this is the only downfall that i can see. It really has great potential. I know with myself taking over the business it can not fail. When i worked there 17 years ago they were doing at least twice as much business as they are now. The business is being so mismanaged according to my accountant he told me not to let this opportunity pass me by. If anyone has any interest in helping i am looking for a unsecured loan of $40,000 to help cover a down payment and start-up. The owner of the business is willing to hold the mortgage but needs $45,000 down in order to hold the mortgage. If anyone is interested in helping feel free to call or email me. David Cook.