Michael Durham
Orlando, FL (USA)
Role(s):
Founder/Owner/Principal
Company Name Confidential
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Startup
Location:
Orlando
Industry:
Internet
Year Founded:
2008
Number Employees:
10-50 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
We are a lead generation company with revenues estimated over 30 million for 2011. We have already exceeded 2 million just in January and revenues are increasing daily. We have just over a 15% operating margin but could easily exceed 35% by backward integrating one step in the lead supply chain. We have now completed our lead distribution platform that will allow us to do just that. We are currently testing and debugging the software and will be ready implement by the end of Q1.
This is an opportunity for an investor to invest a profitable, 100% debt free company experiencing phenomenal growth.
The use of funds would include working capital and shareholder liquidity for one shareholder looking for an exit. Our growth has been slightly stunted by cash flow constraints as we have to pay our media bills weeks before collecting from our clients.
Seeking 6 Million Dollars in exchange for 25% equity, non-negotiable. We've been valued as high as 38 Million Dollars by an independent third party, so if I were selling a used car here I would tell you this one is priced to sell. That said, we are not just looking for any investor. Obviously finding funding in this range is relatively easy these days, especially for a tech company like ours that is profitable. We want to find someone that is coming to the table with some resources and/or experience in internet marketing. If not internet marketing specifically we want someone that has experience taking companies to that next level.
Please no Factoring or loan brokers. This is an equity only deal with some involvement/mentorship.