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Hi, We are at a loss. We have a great business Idea, a proven product in an industry that I helped create for some one else over the last two years. We want to capitalize on what I did for the other company and starting our own business. We do college entertainment and charge a minimum of $3500 for a 6-hour day. The company will make over $2000 in profits per show. I did 142 shows last year and could do 80 shows or more in our first year. That is $280,000 and does not even count the retail we could do over Christmas if we can start now.
Our problem is we need $100,000 in equipment plus $10,000 in inventory. If we go with leasing the equipment we can get started for $50,000.
I worked in the manufacturing and installing of Office Furniture Systems for 15 years and in 2000 lost my job, in the next several months lost everything else we had. Bankruptcy, and then a repo of our mobile home, so our credit is in the toilet. How do we get funding when the SBA tells me we are not fundable and we don’t need enough money for Angels or VC’s to want to help.
We are willing to reward some one very well for a one to three year investment but can not find a person who wants to touch anything other than real-estate.
Sincerely,
Cash Hungry and his wife
