Hello, My name is Iria and this is my first time writing a funding proposal.It may not be long and fancy but definitely from my heart's sincerety.I have a dream and strong desire to own my own business, specifically a convenient store business. I am an extremely hard working individual with a passion and unwavering determination to become victorious in any endeavor. Having worked in the hospitality and retail industry most of my life, having always ranked as either the best or one of the best employees, provides me with the qualifications and skills to succeed in this type of field and I believe that it is time for me to put my drive, talents and abilities into my own business and have a greater impact in the quality of my life and that of others.Together with my potential partner, Jamal Mughal, I believe that we can achieve any goal that we set for success. Mr.Mughal is a very determined, goal oriented and hard working individual himself who does not know the meaning of having a " Day off"He has worked as a convenient store manager for four years and knows the business very well We are seeking an investor to help us purchase a convenientstore/ home business In the US the market size in the convenient store industry is in 2022 estimated to be a $35.6 billion and it has grown 3.2% per year on evarage between 2017 and 2022. On a global scale the convenience store market size in 2021 was estimated at USD 2.12 trillion and in 2022 is expected to reach USD 2.23 trillion. The business we are interested in is called SNS and is currently under operation by the owners, a married couple who wish to retire and relocate.It is located at a busy road at 311 Mammoth rd in Manchester NH.Traffic is about 10.000 per day.Hours of operation are from 7 am to 7 pm but they can be extended to midnight which will bring the cash flow significantly higher. There is also ample room in the store for stock addition.This property is a mixed use property..it includes a 3 bed house and a garage which is currently rented out. The rent could easily be increased to $3000 from $2000 a month which makes it a nice passive income . Asking Price. $ 550, 000.00 Cash flow. $ 35.000 a month Net income. $ 10 500 a month Inventory. $ 25 000Our request for funding is a total of $ 135, 000.00 Down-payment $ 110, 000.00 Inventory costs $ 25 000
Thank you very much, we greatly appreciate your time