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4 Replies Last post: Jul 27, 2008 2:35 PM by EastCoastBiz

Bad credit, no money, great idea, needs $150k startup cash

Jul 26, 2008 11:02 PM

Click to view EastCoastBiz's profile Professional EastCoastBiz 3 posts since
Jul 26, 2008
Are there any ideas for someone, who has no money, bad credit, but a great idea for a new business? I have a great idea for a gourmet retail store. Ideally, I'd like someone to make a personal loan for a 10 year term. There is no way a bank will lend me the money. I'm being brutally honest so there are no surprises. I think this business would have a terrific ROI.
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Click to view LUCKIEST's profile SCORE LUCKIEST 7,935 posts since
Aug 6, 2007
1. Re: Bad credit, no money, great idea, needs $150k startup cash Jul 27, 2008 6:13 AM
Great idea, needs startup cash, Welcome

An idea for someone with NO money might be to have a Partner in a new business.

I live in N Y (East Coast). Tell me more.
Click to view EastCoastBiz's profile Professional EastCoastBiz 3 posts since
Jul 26, 2008
2. Re: Bad credit, no money, great idea, needs $150k startup cash Jul 27, 2008 12:53 PM
in response to: LUCKIEST
The gourmet retail store will have many revenue streams. The store itself will sell wine and sandwiches. It will also sell some specialty foods, which I don't count on for high revenue, but will help with the image. The wine and sandwiches will generate high revenue. Many offices are coming to the area and the workers will need a place to grab lunch.

The development is a brand new retail/business park with several hotels. All this is within walking distance. It's a high profile area. One MAJOR revenue stream will be to deliver to the hotels. There are several thousand hotel rooms, offices, and future condos. Travelers frequently look for inexpensive places to eat and a place to pick up a bottle of wine instead of paying restaurant prices all the time. I think they would also appreciate the delivery service. Everything is very close together so the high price of gas will not be a factor. Also, there will also be a wine club to encourage repeat sales. The fact that the development is new and is always in the news will offer free advertising.

The place is perfect for the gourmet business. I want to do it before someone else does.

If you are seriously interested, I have a business plan. I've been updating it for five years. I've done a lot of research. I'd like to share the information with you if you'd like to move forward.

Thanks!
Click to view LUCKIEST's profile SCORE LUCKIEST 7,935 posts since
Aug 6, 2007
3. Re: Bad credit, no money, great idea, needs $150k startup cash Jul 27, 2008 1:01 PM
in response to: EastCoastBiz
great idea, Yes Would like to read your Bus Plan.

Email to pdeig@juno.com. Include a phone number.

Thanks
Click to view EastCoastBiz's profile Professional EastCoastBiz 3 posts since
Jul 26, 2008
4. Re: Bad credit, no money, great idea, needs $150k startup cash Jul 27, 2008 2:35 PM
in response to: LUCKIEST
Hi! Thanks for responding. But before I send out my information, please tell me about you and in what capicity you may be interested.