Looking for angel investor or V.C. Prefer silent partner whom wants a high R.O.I. who would like to cash out within 3-4 years while retaining a on-going royalty stream for the length of operations. You can fund one location or as many as you feel comfortable. Idea is to lauch at least 5 locations ASAP.
| Position Location | Chicago, IL (Illinois) |
| Opportunity Type | Co-founder / Partner |
| Functional Areas | Finance |
| Industry Experience | Other |
| Time Committment | 1-10 hours / week |
Position Requirements
None, Prefer Investor Only.
Compensation Offered
Equity
Industry
Other
Current Status
Startup - Ready for Market
Current Financing
Financing not yet arranged
Seeking Financing
Seeking financing
Franchisee
Yes
Company Overview
12 year old concept ready to expand nationally. Looking for Angel Investor or partner. Willing to develop 1 to 5 or more locations. 450K investment per store, 150K down, rest can be financed. Store does 2MM gross with a 20%+ net,net. R.O.I. is 18 months. Stores B/E within three months. Store is a destination location and a catagory killer. Concept is to open XXX locations nationwide ASAP, seizing the best demographics. Will cash you out within 3-4 years while you maintain an on going royalty stream. Prefer silent partner. Your partner has 20 years of industry experience and helped create this industry. Previous concept was one of the most sucessful I.P.O.'s of 1992.