Mark Noll
Clearwater, FL (USA)
Role(s):
Founder/Owner/Principal
Mark Noll Designs
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Startup
Location:
Clearwater
Industry:
Manufacturing
Year Founded:
2007
Number Employees:
1-10 people
Description:
MARK NOLL DESIGNS is a manufacturer of high-end wooden jewelry. All products are produced from select imported exotic and domestic hardwoods. Our products offer customers a distinct, high quality item at a moderate price. Our main goal is to provide a premium product that makes a fashion statement and is superior to the imported wood jewelry that is commonly available.
The company is seeking working capital in the amount of $75,000 to purchase CNC equipment and materials to increase production. Ten limited partnerships (2.5% each) are being offered in return investments of $7,500 to be treated as loan funds to be repaid over a 6-year period at the rate of 8%. Limited partnerships will have a duration of four years, at which time the partners' shares will be bought back at the rate of $3,750 for each 2.5% share. At the end of the 6-year loan period. It is projected that the Return on Investment (ROI) for each $7,500 share will amount to $21,502.10. Sales should be many times greater than projected. We set our projections low for the worst case scenario.