David Price
Davie, FL (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
RoadCare Plus
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Startup
Location:
Davie
Industry:
Investing
Year Founded:
2007
Number Employees:
1-10 people
Description:
A roadside assist company similar to AAA that is promoting a gift card for its membership. It is offering $40 gas card with its membership. Membership cost $60.00. The company is looking for a total of$ 100,000.00. $50,000.00 up front so the investor has an opportunity to see the cash flow and $50,000.00 after 30 days. The investor will have direct access to data access as the sales are processed by the card processsing company. The investor will make the initial investment of $50,000.00 back within 30 days and receive $4.00 per sale of each gift card up to the total sales of 400,000 cards. The investor can expect to obtain the total sales within 12 - 24 months.
The same company has another division of Canada and its investment amount required $500,000.00 up front and $500,000.00 after 90 days. The investor will make back the intial investment of $500,000.00 within one year and 4.5% of the total contract amount of 19.2 million.