Stuart Locke
Franklin, OH (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Locke Enterprises, Inc.
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Startup
Location:
Franklin
Industry:
Recreation
Year Founded:
2003
Number Employees:
1-10 people
Business Stage:
Decline
Entity Type:
"C" Corporation
Description:
Family business owning a single Fitness Facility in Franklin, Ohio. Needing investor funding to grow the business to former level. We need to upgrade our equipment and reestablish our branding in the area. We compete directly with new facilities, and know how to operate our facility, but a local depressed job market and lack of family income has put us in a critical financial position. The family has invested a large sum to keep the businss floating and have reached our personal financing limit. We are searching for a 51% equity investor of $500k to bring our facility to the next level.