Investor Needed for Booth at Mall - 50% Ownership - Fast ROI

[jasontheman07]

I am looking for an investor to help me get a booth at the mall here in Pensacola, Florida. I will be selling Dish Network satellite systems as an affiliate of VMC Satellite, an authorized Dish Network reseller. I have been in business for over a year, and manage a small outside sales force. I am looking to expand into retail location in the future, but for now, start out with a small booth at the mall.

The plan is simple. Each sale pays a commission of $120 and I am willing to offer 50% of the revenue just for investing the funds to get started.

The sales process is just as simple. The customer will get free equipment, install, and activation, as well as $20/month HD service locked on for 12 months. Paperwork is not needed until the installation, and they only need to pay a $9.98 processing fee to schedule the install, and start the service. The first month is paid 30-45 days later. All installations will be completed by Dish Network's professional installers with a home office in Crestview and they cover the tri-state area.

For those customers that do not have a debit/credit card, (required to schedule the install) we can also offer pre-paid visa cards at the booth and activate them immediately, then schedule the install.

At these prices, and with cable tv rates going up every year, this will be something new and exciting that has not been done in the mall before. WIth a simplified sales process, and every objection taken care of, interested parties will find it hard to say no.


Investor Role Needed:

I simply need someone willing to invest their money to help me get this off the ground.

I will handle the day-to-day operations of the business, as well as managing and training employees. I plan on manning the booth myself at first, with possibly one or two employees.

All profits will go first towards expenses and payroll, with the final revenue being split 50/50.

Anyone with experience in getting retail space at a mall or another location would greatly benefit me.

A new business license will be needed as well as insurance, etc. It may even be prudent to incorporate. These are the things I need someone to take care of.

Please call me at 850-463-5227 to discuss more.

Thanks,
Jason Coleman

[EBITDA]

Hi Jason - A couple points to sharpen up with your pitch. First, when you state that 50% of revenue will go to the investor, you need to get terminology correct - "revenue" means sales; later in your pitch you state 50% of revenue after expenses, which is profit.

Second is that you need to put the investment in the right right context. No one will care to receive 50% of revenue (or profits) if the actual return on investment does not make sense. You need to state how much are you looking for, and what the expected return is (you shouldn't promise a return). Depending how much you are looking to raise and what a reasonable forecast looks like, you may not have to pay out 50% of profits. In fact you may want to rethink how your investor(s) get paid...

To do this you need to make sure you have a term sheet that describes under what terms you will accept an investment (or issue a security - one and the same), and business plan that accurately describes your business. And to the extent you are seeking to raise capital, you should have a private placement memorandum to comply with state and federal securities laws (you are issuing securities whether you realize it or not).

Have you thought about just getting a small business loan? That way you can keep 100% of the profits.

Good luck,