Daniel Hable

Minneapolis, MN (USA)
Role(s):
Other

Hable Amusements & Concessions

Find More Startups Startup
Location: Minneapolis
Industry: Food Service/Restaurant
Year Founded: 2014
Number Employees: 1-10 people
Business Stage: Growth (profitable)
Entity Type: Sole Proprietorship
Description: Hable Amusements & Concessions is a startup mobile concession business based out of Blaine, MN. We are in search of $75k in small business funding for the purchase of a pizza themed food concession unit and supply truck with refrigeration equipment for our 2015 travel season. Right now, Hable Amusements & Concessions currently provides management services for mobile food concessions and provides ATM services for outdoor amusement events. Our ATM services distributed $49k to our midway customers in three weeks of operation during our 2014 season. We project over $175k distributed by our ATMs this 2015 season, and that the addition of our own pizza concession unit would produce gross sales of 80-120k each season. Hable Amusements & Concessions currently plans to use any raised funds primarily for the following purposes: - Acquisition of a food concession unit primarily advertising and focused on pizza product. - Acquisition of a fully refrigerated stock truck for safe 24 hour storage of refrigerated goods. - State and federal licensing and inspections. - Production equipment HAC already has established headquarter storage and product testing facilities, and has established product supply relations with a leading commercial food service distributor. We plan to utilize the success of the pizza unit to achieve bookings outside of the standard summer season with the possibility of a pizza delivery service within our local community during winter months pending local regulation restrictions. With our current financial projections from our existing revenue sources in addition to that generated by the food concession unit, we are most interested in a 5 year loan term with a rate up to 7.5%. We are able to be flexible on payment frequency as best suits the investor. We have a full 2015 business plan available for review.