Robert Sethre
Warwick, NY (USA)
Role(s):
Founder/Owner/Principal
Not yet publicized
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Startup
Location:
warwick
Industry:
Hospitality
Year Founded:
2008
Number Employees:
1-10 people
Description:
International clientele / high value products / business model with strong annuity factor
Initiator is planning to leverage his strong international management background (15+ years in Europe) to offer a targeted premium product / service to high income individuals. The business model is established and highly profitable, but has not been applied for this product or client group previously. We expect to be profitable within 2 years, with planned annual sales of over $5 mio. within 4 years. Corporate structure will be lean, relying strongly on technology capabilities, outsourcing and partnership agreements. High-value assets will provide above-average security for invested funds. A unique skill set (management capabilities, cultural familiarity, product and business model knowledge) is required which ensures that the concept is difficult to replicate. Ready to ramp up immediately upon agreement.