Raquel Fisher
Afton, MN (USA)
Role(s):
Selmas
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Startup
Location:
Afton
Industry:
Food Service/Restaurant
Year Founded:
1901
Number Employees:
INVALID
Description:
105 yr. old Ice Cream Parlor needs $2 mil. for acquisition & expansion.
Owner of 105 yr. old branded/established bus. has to sell due to health. Lrg. growth through 05'-06' has been too much for current owner to handle. I am a 27 yr. old entrepreneur w/10 yrs. mgmnt. exp. in hospitality & food service & 5 yrs. in finance as a mtg. broker. I am raising $1.5 mil for acquisition & $500k for needed expansion for projected growth.
Gross sales are $350k-$400K for seas.(6mo)operation. Can be year round operation. Real Property located on bussiest part of St. Croix River. Has statewide & national recog. Oldest Ice Cream Parlor in the state & 2nd oldest in the nation.