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Seeking An Active Partner – SBA Loan – Investor.

The product, an innovative PATENTED “Do It Yourself” wood floor for exteriors, has very little direct competition per se, and comparable products would be limited to Conventional Decking, or, peripherally, concrete resurfacing. The durability, strength, plus the quality of the product make it a unique product to sell in the vast market of the United States. In terms of comparing the prices, our product will sell at current retail prices at 60% less than installed conventional Ipe Decking. Due to this amount of savings, plus the beauty that the product offers, we believe that the current housing slump will actually increase the sales of the product.

Previous to establishing our company., another company had established the relationship with the manufacturer, this company purchased, exposed and sold the product in North American Markets and Canada. In 2005 the sales via Internet and “Word of Mouth” were $52,000, this was increased to $ 369,000 in 2006 and a total of $ 800,000 for 2007. This massive increase in sales from $ 52,310 to $ 369,121 (7 fold) from 2005 to 2006, and then doubling in 2007 clearly shows that the product has an exponential growth opportunity in terms of sales; therefore via more exposure, we believe that the market is simply staggering. In December 2007, the previous company was not able to renew the contract with the manufacturer, mainly due to the lack of financing. The shareholders of the new company then approached the Manufacturer and secured the contract of representation of the patented products in the United States; which included the transfer to our company [through the manufacturer], such contract was made through a purchase of 3 X 40’ Full Container Loads, which are currently being manufactured and or being delivered to our warehouse.

In a short period of time, our company has set up it’s operations, proceeded to order the product from the manufacturer, signed the Representation & Exclusive Distribution agreements the company has set up it’s headquarters, warehouse facilities, and logistics for delivery of product, and is in the process of setting up it’s website and personnel to run the company. In terms of current sales; with the transfer of clients from the previous company through the Manufacturer has secured various major clients; a sub-distributor in San Diego who specializes in selling to the Landscape Architect and Design professionals, a major flooring distributor in Columbus, Ohio, who will service the Eastern portion of the U.S, a distributor in Salt Lake City, UT, to service the Intermountain region, as well as two distributors in Western Canada, who have committed to exclusivity; one located in Vancouver, B.C., and the other in Calgary, Alberta. And has initiated it’s sales with Container sales while the product is being delivered by the manufacturer.

The shareholders of the company have invested a total of $ 225,000 in product purchases and set up of the company. And in order to attain the mentioned level of sales and profits, the company requires capital to secure larger levels of inventory through product purchases, to sustain operations, and to invest in sales and marketing efforts, as stated in the business Plan.

5 Year PL leaves (EBITDA): 2008 with $565K / 2009 with $649K / 2010 with $788K / 2011 with $ 1M / 2012 with $1.4M and this is with such a minimal market penetration at this levels that is too small to even mention as the product is so unique, new and no real direct competition.

We need and prefer (either of these in this order, or all 3): A).- An SBA loan of $. 400,000 (Shareholders have excellent credit, but no more collateral, however the shareholders have invested quite a lot in the company] 7a – 5 year. B] An active partner, preferable someone that will take the job as the COO and hire the rest of the staff required, but is willing to place at least $ 80K of direct equity investment to float the company until point A or C is resolved. C] An Investor with at least $ 400K with an equity ownership in the company. We are open to various Exit Strategies.

Complete business plan is available, however we prefer to start with the Executive Summary which I can send to any interested companies, investors, or individuals interested in joining us. We have attempted brokers, but most require money up front and we have already been burned with 10K, thus we are not willing to risk more, we went to Wells Fargo, but they seem not to interested until the company has longer tenure. Although we are beginning the SBA process, we want to make sure we know whom to deal with, and for that we need advise. We are based in Los Angeles, California.

If you are interested, in this wonderful opportunity or you are kind enough to give us some advise, perhaps offer your services, or give us a tip, we would be extremely thankful.

And how do I contact you?

I am interested in a $500,000 loan, line of credit. I am assuming from your posting that you are a loan broker??

Thanks

*Metalman, I think I can help you - please e-mail me your telephone # if you would like me to call you and I will - it will be later, as I have been extremely swamped today at my office. My e-mail address is *hardwork70@newwavecomm.net

Thanks, look forward to hearing from you,

Carol

*+Hi! Hopefully, I may be able to help you or provide some type of guidance. Please e-mail me with your contact telephone number and I will call you as soon as I have time. I look forward to hearing fr
My e-mail is hardwork70@newwavecomm.net

Thanks,

Carol

carol,

your e-mail isn't going through, please forward me an e-mail so I may send you my contact information.

bid2_now3@yahoo.com

thanks

Do you work outside of the US? What are the options?

Thanks in advance.