Bob Freeman
Scottsboro, AL (USA)
Role(s):
Founder/Owner/Principal
All4U LLC
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Startup
Location:
Scottsboro
Industry:
Internet
Year Founded:
2008
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Sole Proprietorship
Description:
We are an internet retailer specialiizing in the sale of Military related items such as caps, patches, decals, license plate frames, medals, pins, badges, t shirts etc.
We are a profitable business 18 months away from being completely debt free and want to acquire/purchase a peer/competitor. We have agreed to a price and the seller will hold the note on 62% of the purchase price of 400K. We need to raise $150K to complete the deal.
My wife and I are hands on with our current buisness and need no income from the target company which will free up all available cash to service debt. Current plan is to raise 150K payable back over 3 years at 8% while the owner holds a 6 year note at 6%.
We have a informal business plan available and have been distributing them to acquaintances.
Our current websites are:
(URL removed) (flagship site)
(URL removed)
(URL removed)
(URL removed)
Target company website is:
(URL removed)
We also own several other domain names that we plan to open up over the next 3 years.
thanks,
Bob Freeman
owner
(Phone # removed)