James Macek
Calgary, AB (CAN)
Role(s):
HOMA development
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Startup
Location:
Calgary
Industry:
Healthcare
Year Founded:
2006
Number Employees:
INVALID
Description:
Company actually posses large, three story, historical building with nice tower. Outside of Building is already renovated. However, to make it into nice Spa with health program, need inside renovation. In lieu of renovation investment, owner is willing to offer 50 years free rent and then 38% whatever profit we can make. Value of this rent is in todays dollars $7,500,000 alone. After renovation, price will conventionally double to 14 millions CAD. Prospect is enormous, as this place is about to rise again as major tourist destination. We need investor with $1,600,000 CAD. Repaid of investment will be main priority, after that clear profit of 38% on all income. As rent is already prepaid by the renovation, only token rent will be charged,
Owner agrees on 50 years guaranteed lease, whic