Patrick McNealy

Stuart, FL (USA)
Role(s):
Founder/Owner/Principal

Superbike Toy Store

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Location: Stuart
Industry: Retail/Clothing
Year Founded: 2008
Number Employees: 1-10 people
Business Stage: Growth (not profitable)
Entity Type: Limited Liability Company
Description: Superbike Toy Store is an established eCommerce business that specializes in high performance motorcycle parts, accessories, and apparel. We have a world-class website, (URL removed), that resonates with our customers throughout the world. Our primary markets are: United States, Australia, United Arab Emirates, and Brazil. Our business has a protected territory for a high-demand service, and we are building a dealer network to take full advantage. Our startup company, Superbike Toy Store is located in Stuart, FL. We're looking for all available options to raise $200k in small business funding in order to fuel the growth of our Retail business. At this point, Superbike Toy Store currently has average monthly sales in the region of $100,000. By funding this business, you will allow us to recapitalize some very expensive debt and immediately turn a profit from the decreased interest expense. We also must expand to take advantage of a services void in our local area. By tapping-into this segment of our industry, we will increase revenue with a higher profit margin. The funds will also be used to take advantage of bulk purchasing opportunities that will allow us to lower our cost of goods and provide faster delivery to our customers. This three tier plan will allow is to lower expenses and increase our gross margin, ultimately allowing us to gain market share. I have included some additional information below relating to the purpose of the funds and the type of funding that I think would be the best fit. Superbike Toy Store is primarily interested in receiving capital from: -Equity Funding (Venture Capital, Angel, Private Equity, etc) We would like to use the funds that are raised for the purposes below: -Operating/Growth Capital (Payroll, Sales & Marketing, etc)