Scott Smith
Miami Beach, FL (USA)
Role(s):
Founder/Owner/Principal
Stonecrest Partners, Inc.
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Startup
Location:
Duluth
Industry:
Real Estate
Year Founded:
2001
Number Employees:
1-10 people
Business Stage:
Mature
Entity Type:
Limited Liability Company
Description:
I am exiting the General Partnership for an apartment community I developed and I am selling my interest in the business to my partners. I have "Stock Purchase Agreement" with a "Non-Negotiable Promissory Note" for the payments to purchase my shares of the stock and I would like to sell a portion or possible all of the "Non-Negotiable Promissory Note" from one of my partners.
The total Note Amount is $75,000. There are 3 payments of $25,000 due each year on July 30th.