James Smith
Liverpool, NY (USA)
Role(s):
Founder/Owner/Principal
Dealer Exchange Network
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Startup
Location:
Liverpool
Industry:
Technology/Web
Year Founded:
2014
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Not Incorporated
Description:
Web based, technology driven, wholesale exchange service designed to be an instant service platform for B2B transactions of motorized units.
Dealer Exchange Network is a website built for servicing the wholesale motorized vehicle market.
At the current time wholesale exchanges are done on a daily basis at bricks and mortar locations across the world. Some are weekly auctions, some are referral based exchanges, and some are through manufacturer specific locating services.
At Dealer Exchange Network, we have created a robust marketplace that connects registered dealer's to other registered dealer's and entities for an efficient, cost effective, and secure exchange of wholesale motorized unit's.
The development cost associated with the first operational version of our proprietary software is in the $15,000.00 range. Legal formation, copy rights, and trade marks add another $5,000.00. Marketing plan with personnel cost to create demand before the site is completed is $20,000.00. Office rental, furniture, phone system, and miscellaneous cost are estimated at another $10,000.00.
I am in the final stages of a long term law suit after being hit in my vehicle. The proceeds from that October 2014 trial are at a minimum of $66,000.00 up to $100,000.00. I am able to offer 100% secure loan / investment repayment through an Assignment of Equitable Interest agreement executed through my attorney in the suit.
The secondary motivation for my investor search is your back ground, skills, experience, and general business knowledge. Although I see myself as a competent business professional, there is always more to learn.
I look forward to sharing the concept and exploring how we may work together.