Better Choice Vending looks to capitalize in the healthy vending industry by positioning themselves in one of the fastest growing markets in the U.S, Delray Beach and Boca Raton, FL. We are seeking a startup investor to fund us in two phases. The initial phase will be 10 vending machines, followed by a second group of 5 machines within 6-8 weeks after the first group are delivered. This strategy allows us to lock in a lower price on machines after the first ten, immediately bringing down the overall cost per machine.
· Phase 1: 10 machines @$10k/per machine fully stocked, plus initial business operating costs - $110,000
· Phase 2: second group of 5 machines at approximately $8000/machine delivered and stocked- $40,000
Total initial funding sought is $150,000. Investors will receive an ongoing percentage of net proceeds from each machine funded. Revenue can be generated from machines immediately upon delivery and setup. Better Choice handles all of the business operations, while investors will receive detailed summaries on the performance of each machine.
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