Brad Hall
Whitinsville, MA (USA)
Role(s):
VP/SVP/Dept Head
Western Sports Entertainment Group
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Startup
Location:
Los Angeles
Industry:
Sports/Recreation
Year Founded:
2010
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
Our group owns and operates professional sports team franchises. We also build, owns and operate our own stadiums for 4 baseball franchises.
We are seeking investor participation in the business to expand team operations and fund new stadium operations and fund new stadium developments across all activities.
Overall $4,000,000 USD is being sought in return for a 60% equity, which will allow our group to make renovations to the current facilities.
This would also allow us to fund marketing activities at the start of the 2011 season until seasonal cash flow begins to accumulate.
The $4m investment is projected to have a year over year return of 35% and an 8 times ROI by 2017.