Mario Romero-Molina
Havana (CUB)
Role(s):
Founder/Owner/Principal
QBADOM
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Startup
Location:
Havana
Industry:
Apparel
Year Founded:
2008
Number Employees:
1-10 people
Description:
Started multi-level marketing concept to sell and distribute low priced clothing and other fashion related articles in untapped market. Have begun small scale distribution chain with two distributors. Potential for several hundred "territories". Current sales of $7,500 per month. Gross profit of 67%. Net profit 20%+ of sales. Need capital to expand. Outstanding potential for growth. Funds to be used to travel ($2,500), purchase inventory ($10,000), to purchase computers ($2,500), create and distribute product catalog ($3,500) and the balance ($56,500) will be working capital to fund growth, inventory and receivables.