I need $100,000 to start a coffee vending business which serves Starbucks coffee. Starting the business in a new market in San Antonio , Texas. I am looking for funding with a traditional loan or maybe a line of credit with part ownership of the company.
I will start with 10 machines and each machine should profit $10,400.00 a year.
The goal is to get to 50 machines in 5 years which would create an annual profit of $468,000.00 per year.
Ideal loan would be a loan of $100,000.00 with a line of credit to use to purchase new equipment as it is paid down. Along with the payment towards the loan I would look at giving 10% ownership in the company for 5 years at which I would have the loan entirely paid off and will retain full ownership of my business,
I am open to any kind of negotiations. Obviously the faster I get the business off the ground the more money we can both make.
I would be a new business owner but have been in the restaurant business all of my life and run a $6 million dollar business right now. I am very business savvy and know how to run a business. I am great at cost of sales and calculating all the costs of the business. I am looking for a business to call my own and get a much better quality of life for myself and my family.
If this has sparked your interest I would love to talk to you more about the opportunity of a lifetime.
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