ED DAVIS
GLENDALE, AZ (USA)
Role(s):
SOUTHERN ROCK & GRAVEL
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Startup
Location:
GLENDALE
Industry:
Wholesale
Year Founded:
2003
Number Employees:
INVALID
Description:
DUE TO PERSONAL REASONS, THE OWNER OF THE COMPANY I HAVE BEEN RUNNING FOR THEM, HAS DECIDED TO CLOSE. AS A REWARD FOR MY HARD WORK, THEY ARE WILLING TO TURN THE BUSINESS OVER TO ME BY SIMPLY PURCHASING THE EXISTING ON SITE INVENTORY (AT COST) AND SIGNING A LEASE AGREEMENT FOR THE PROPERTY ON WHICH THE BUSINESS IS LOCATED. WITH THE LEASE IS INCLUDED THE USE OF ANY AND ALL EQUIPMENT/FACILITIES CURRENTLY ON SITE. WE WOULD OPEN AS A NEW LEGAL ENTITY, WITH NO TIES OR LEGAL OBLIGATIONS TO THE EXISTING BUSINESS, BUT WOULD RETAIN ALL OF ITS CURRENT CLIENTS/VENDORS/ACCOUNTS. ALL CONCERNED PARTIES HAVE BEEN CONTACTED AND HAVE AGREED TO THIS. THEY WILL SIMPLY TRANSFER LIABILITY TO ME AND START UP NEW ACCOUNTS. THE BUSINESS HAS NETTED A PROFIT OF ~$300K EACH YEAR. TO START UP, I COULD PROBABLY