Christopher Peters
Long Beach, CA (USA)
Role(s):
Super Convenience Inc.
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Startup
Location:
Long Beach
Industry:
Retail/Clothing
Year Founded:
1987
Number Employees:
INVALID
Description:
I am purchasing the corporation through bank financing and need $75K down. I have raised about $30K already but it is not guaranteed that I have all of it. It is some of my money and some promised funds. I am offerring $500K for the corporation, whose sole asset is currently a mini market. It has a profit of $150K per year after all expenses and salaries. My intention is to use the corporation's credit to get the loan and offer my investors 9% annually on a monthly dividend plus shares in the corporation. I intend on expanding into other lines of business but need this structure in place so I can focus on that part. Please call me or email if you have any ideas or can help. My background is in banking and financial services. I also have run inventory for bars and restaurants and h