Looking for Investor for a Start-up Business

CougarBowler — Mon, 25 Feb 2008 17:38:22 GMT

Heelo to all,

I have been quietly searching for funding for my business for 4 years now, to no avail. Just can't seem to find the right investor. Oh, I had had a few potential investors:

The "professional co-worker/friend" that took my money and tried to screw me for $15,000.00. Took me 2 years to get my money back plus interest, court costs and lawyers fees all paid by him. Lesson learned.

The "investor with money" that said he was interested. Needed 3 months to tie up some loose ends and then decided (3 months later) that he wasn't interested after all. Another lesson learned.

I can't openly advertise for investors locally. I have to do it quietly. If my plans get out, others in town will jump on the idea and I will be out in the cold.

I have posted on Go4Funding.com. All the replies so far are offering advice or don't check out.

Here is my plan for a business.

We are looking to open a 24-lane in 100,000+ population city in Mid-Missouri.

Short (3-month) start up time

+ Bowler-rich market

+ Lack of available local lanes

= Long-term money making business.

The total start-up cost for this project is $676,000.00. This includes all costs for equipment, remodeling, licenses, fees, inventory and the 1st year lease.

We are looking for investor(s) to back our venture for a period of 5 to 10 years, depending on the investor’s needs/wants. Potential returns of the investment vary from $1.3 to $3.4 million, depending on length of investment and performance of the business.

Want to be open before the fall '08 season.

Business Plan is completed.

Have seasoned manager lined up.

Bank will finance with adequate down/equity/guarantee.

Thanks for reading my thoughts…

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Looking for Investor for a Start-up Business