mitch bottenbley

oranjestad (ABW)
Role(s):
Other

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Location: oranjestad
Industry: Energy
Year Founded: 2006
Number Employees: 1-10 people
Description: I plan to market a complete line of energy saving products and energy maps that will lower any electricbill op to 40%. The product line will be designed in my home office and manufactured and packaged in the UK. What is your business, service, product, etc? Energy saving products. How long has your company been established? Since 1974. What expertise or experience do you have in this field? I am an expert in this field and have a lot of experience. What are your strengths? Sales, management, and technical & people skills. Who is in the team? 1 directors 1 manager 5 salesmen 1 walkboy 1 technician What is the state of the market? We have a 30% minimum market share in Aruba What is the competition? Fortunately, no competition in what we offer. Do you have any figures (financial history or forecasts)? This is based on one of the three products that we offer: 2009 Sales 2,545,200 Cost/ Goods Sold (COGS) 0 Gross Profit $2,545,200 Operating Expenses Salary (Office & Overhead) 102,940 Payroll (taxes etc.) - Outside Services 3,420 Supplies (off and operation) 3,600 Repairs/ Maintenance 13,500 Advertising 39,000 Car, Delivery and Travel 26,700 Accounting and Legal 12,000 Rent 36,000 Telephone 6,000 Utilities 12,000 Insurance 6,000 Taxes (real estate etc.) 890,820 Sales consultant) 240,408 Depreciation - BBO3% 763,560 Enigin Plc 30% 76,356 Total Expenses $2,232,304 Net Profit Before Tax 312,896 Income Taxes - Net Profit After Tax 312,896 Owner Draw/ Dividends - Adj. to Retained Earnings $312,896 Profit 312,896 by year 1 What are you offering the investor in return for the investment? We are offering a 35% share of the profit. What is the expected return on investment or breakeven period? Breakeven period is around 5 to 7 months.