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barkmark

posts: 3

Dec 09, 2006 11:48 AM ET Quote Report Abuse

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I have an established cleaning business (14 years old) and I recently purchase a 2nd one (5 years old). I`m currently looking for an investor to grow both businesses. We have been experiencing tremendous growth, 233% last year, Gross Revenue of over $100,000, with about 75% profit per job. I`m looking for $50,000 in exchange for a percentage of the two businesses. I’m looking for a lead on someone that might be interested in investing. I have full projections available along with financials, a business plan and a marketing plan. The ROI opportunity is amazing!!!

RaiseCapital01

posts: 139

Dec 09, 2006 8:49 PM ET Quote Report Abuse

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Have you thought about using prosper.com for 50% of the amount you are trying to raise?

barkmark

posts: 3

Dec 09, 2006 10:00 PM ET Quote Report Abuse

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I have an established cleaning business (14 years old) and I recently purchased a 2nd one (5 years old). I`m currently looking for an investor to grow both businesses. We have been experiencing tremendous growth, 233% last year, Gross Revenue of over $100,000, with about 75% profit per job. I`m looking for $50,000 in exchange for a percentage of the two businesses. I’m looking for a lead on someone that might be interested in investing. I have full projections available along with financials, a business plan and a marketing plan. The ROI opportunity is amazing!!!

hardknocksmba

posts: 35

Dec 10, 2006 4:07 PM ET Quote Report Abuse

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Why not borrow the money instead? Taking on an investor is like getting married. If you take on an investor, you either need a process where they get cashed out at a rich multiple somewhere down the road, or you will need to pay them a percentage of revenues forever, as your work grows the business. $50k is well within the range of money that the SBA or your local bank can lend you, and paying down a bank loan is a lot cleaner process than getting an investor out of a small business.

bizbud

posts: 1

Sep 10, 2012 9:13 PM ET Quote Report Abuse

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i also agree with hardknocksmba

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engooporen

posts: 8

Nov 23, 2012 12:34 AM ET Quote Report Abuse

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