Here are the short, basic details:
We have strong rankings in Google as well as other search engines, not only in paid results, but in unpaid as well. We only advertise and do optimization for the local areas we have locations in, although this may change as we gain a more national presence.
As we continue to fine tune our marketing and optimization strategies, it will only become harder for other companies to compete for rankings. Our main page is pagerank 4, as are most of our subpages.
80 percent of our management team have been promoted to their positions. That same 60% have been managing for over 1 year in their current positions.
Revenue is up 48% compared to last year.
Monthly net profit is roughly 10% of requested loan amount. Each store generates an average of 15k net profit per month.
Two additional locations will be generating revenue by the time the current owner departs from the company.
Our estimated profits with the two additional stores, no growth beyond the current stores plus the two new locations during 2012 is $900k/year net, however, all currently operating stores are continuing to grow.
I have 4 years experience managing this company, and have worked in almost every position in the company.
Employees are already loyal and dedicated to myself as well as the company. All employees were chosen from over 100 applicants for their abilities, attitude, and company culture fit.
We continue to grow and generate profits during the economic downturn.
The company has grown organically, and has no current debt.
Our marketing strategies are proven and continue to be refined by a low cost dedicated staff member.
Due to the nature of the equipment used, the value of many assets are increasing over time. Currently, including depreciation only, our assets are reported worth ~$320k
Looking for a down payment for a guaranteed SBA loan.
Unfortunately, due to the nature of the business as well as the acquisition, offers requiring partial ownership or immediate stock can not be considered. However, convertible debt upon default and other options will be considered.
Amount needed will likely be $600K, still in negotiations with business owner. The bank has pre-approved the acquisition amount up to 3 million dollars (with 20% deposit). Loan to be paid in full before 5 years, likely before 3.





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