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Young Entrepreneur Forums » General Business » Looking for Capital/Biz Partners » Looking to expand and looking for investors or grants.



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Old 08-19-2009, 04:37 PM   #1 (permalink)
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Looking to expand and looking for investors or grants.

The business is called Table Runners Entertainment. What we do is host poker events in different venues in Pa. We focus on a slow night at a bar or a few slow nights and host good quality, organized poker games.

I have been in the business for about 2 years now. I first purchased the business in 2007. My initial plans were to keep the business local and work my way through college with the profits from the business. In the past few months i threw some numbers together and came up with a lot of ideas and I would not like to expand this out and make this my full time career.

When I first bought the business it was very low in profit and bars. Since purchase I have expanded to 8 venues in PA and quadrupled profits. I also hired on a few employees to work for me since business has gotten so big. When I first started the business we were getting any where between 20-30 players at a game and now we are getting anywhere from 50-75 a game. We just hosted an event a few weeks ago a local restaraunt and had a total of 132 players.

We are looking to expand into different cities right now and possible franchise out.

If anyone is looking to help out and invest into a very good business please let me know.
If anyone has any information on grants from the state of PA or from the government please let me know as well.
Thanks
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Old 08-19-2009, 05:37 PM   #2 (permalink)
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You have to check on the gambling laws in each state. Some prohibit that type of gambling.
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Old 08-19-2009, 11:32 PM   #3 (permalink)
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actually its not gambling and these games are played in all states throughout the US. There is no buy-in. They are free to enter.
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Old 08-20-2009, 07:35 AM   #4 (permalink)
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Investment

Hi

How much capital are you looking for?


Quote:
Originally Posted by TableRunnersENT View Post
The business is called Table Runners Entertainment. What we do is host poker events in different venues in Pa. We focus on a slow night at a bar or a few slow nights and host good quality, organized poker games.

I have been in the business for about 2 years now. I first purchased the business in 2007. My initial plans were to keep the business local and work my way through college with the profits from the business. In the past few months i threw some numbers together and came up with a lot of ideas and I would not like to expand this out and make this my full time career.

When I first bought the business it was very low in profit and bars. Since purchase I have expanded to 8 venues in PA and quadrupled profits. I also hired on a few employees to work for me since business has gotten so big. When I first started the business we were getting any where between 20-30 players at a game and now we are getting anywhere from 50-75 a game. We just hosted an event a few weeks ago a local restaraunt and had a total of 132 players.

We are looking to expand into different cities right now and possible franchise out.

If anyone is looking to help out and invest into a very good business please let me know.
If anyone has any information on grants from the state of PA or from the government please let me know as well.
Thanks
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Old 08-20-2009, 12:25 PM   #5 (permalink)
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Right now I am looking for only $10,000. This will buy enough equipment to move into 3 more cities and also improve equipment in the current city we host in.
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Old 08-20-2009, 08:18 PM   #6 (permalink)
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actually its not gambling and these games are played in all states throughout the US. There is no buy-in. They are free to enter.
If no money is involved, how do you get paid?
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Old 08-22-2009, 01:53 PM   #7 (permalink)
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If no money is involved, how do you get paid?
Never said there was no money involved at all. The players don't put up money to play which would make it illegal. We go by all laws of the LCB and also the State Police. Everything is 100% legal. As far as how we get paid... The bars pay us for bringing people into their bar on a slow night. It's just like a DJ or Karaoke.
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Old 08-22-2009, 03:54 PM   #8 (permalink)
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Tablerunners - I have a couple of friends working on a website called bar-now.com Take a look over there. There may be a partnership opp. Once again, contact me if you want a connect...
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Old 08-24-2009, 09:21 AM   #9 (permalink)
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Hey I am located in Wilmington, DE. Sent you a PM
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Old 08-24-2009, 11:47 PM   #10 (permalink)
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Hey I am located in Wilmington, DE. Sent you a PM
back at ya

TTT
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Old 08-30-2009, 11:16 PM   #11 (permalink)
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still looking....
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Old 08-31-2009, 09:49 AM   #12 (permalink)
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I like your idea, but I have a questions so I sent you a pm
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Old 10-14-2009, 12:20 PM   #13 (permalink)
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TTT Still looking for a venture capitalist ASAP.

thanks
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Old 11-04-2009, 07:50 AM   #14 (permalink)
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Looking for $10,000 at 11% interest for 3 years. If anyone is interested please let me know.
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Old 11-04-2009, 10:42 PM   #15 (permalink)
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Sounds like a good idea.Check ms-small-businesses.com There's a detailed ways to avail of federal and state grants.Cheers!
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