Jim Fretham
Spring Park, MN (USA)
Role(s):
Founder/Owner/Principal
Visions Classic cars
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Startup
Location:
Spring Park
Industry:
Other
Year Founded:
1999
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
I started a Classic car business 15 years ago and operating the business as hobby over the years, selling 10 to 25 cars a year as I had the funds and time. I have seen and experienced the opportunities in buying the cars at or below wholesale pricing and art of how and where to resell the cars to make the best return. You need to know your cars inside and out and how to buy them at the right price and correct way to sell them to be successful. My Classic car business is buying, refurbishing and reselling Classic, Muscle and European cars, as well as building Custom Supercharged Mustang Shelby cars. I need to raise $250,000 to $500,000 in capital. The funds will be used to buy Classic, Muscle or European car inventories and building Custom Shelby cars. I'm looking for private investor to loan my car business the funds, at a fair interest rate and 3 to 5 year term.. I would also be open to listening to Investors that would have interest in buying a percentage of the business as silent partners.