My name is Miteau Francois and my business FBB Auto Rental has been growing at a breakneck speed since it opened in 2021. You may already be aware, FBB is a service-oriented business that operates as follows:
Alternative choice for car rental through an easy step on the Turo app and platform. We offer car rental at a low competitive price compared to the corporate franchises currently existing.
After opening in 2021, the business was able to have steady growth in the midst of a pandemic. In 2022 I have two vehicles operating, a 2010 Ford Escape and a 2014 Ford Fiesta, which I fully own outright. I’ve been operating the business for a year and have completed over 70 trips. FBB Auto Rental also has stellar reviews with an average rating of 4.8/5.
Although the business has been growing at a great rate, I believe an injection of capital funds will help us do even more. Specifically, I am requesting an investment for the following purpose: Help increase revenue by expanding the car fleet from two vehicles to ten with the purchase of eight slightly used vehicles. In total, I am asking for an investment of $160,000. Will offer 20% of net profit paid quarterly & 30% equity of FBB Auto Rental. Terms are negotiable.
Ready to Ask For Funding for your company?
Post a Funding Request