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Seeking (invester/partner) For Offline J.V.

Discussion in 'Joint Ventures' started by 2011nfl, Jul 4, 2012.

  1. 2011nfl

    2011nfl Supreme Member

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    Well, as most of you know, I am not in the position just yet to do this, but I am planning ahead.
    Hopefully by the end of August, my current situation will be over and I will be able to move forward
    with this jv.


    Anyways, I currently work at a tobacco shop, which I also own a very small stock in the company
    (about $50 extra per week). But since working at the tobacco shop, I have learned quite a few
    very profitable tricks. The store I work at profits about $700 per day (after paying employees).


    What I need is an invester who can cover the start up cost of a new location. You will get back
    your whole investment, plus be a lifetime 50% partner. You invest, and I run the whole operation.
    I will keep a very detailed inventory report and profit summary, as well as any other paperwork
    needed. Until the initial investment is paid off, the split will be 60%/40% (investor favor). Then
    once investment is paid in full, the split will be 50% each way. Below is a list of investments.




    Location $ 2500
    Remodel $ 3500
    Utilities $ 1000
    Business $ 750
    DBA $ 15
    Inventory $ 5000
    Advertise $ 1000
    Total $13765 (or we could round to an even $15000 to be on the safe side)

    If anyone would be interested in this jv, please pm me
     
    Last edited: Jul 4, 2012
  2. onlineworker_007

    onlineworker_007 Regular Member

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    $15000 full amount to be paid by investor?
     
  3. 2011nfl

    2011nfl Supreme Member

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    Yes. But they get that all back, and still get 50% profit for the life of the business.
     
  4. bk071

    bk071 Jr. Executive VIP Jr. VIP Premium Member

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    Thats quite a bit of money to be honest.
    Any idea how long till the investor gets his/her money back?
     
  5. 2011nfl

    2011nfl Supreme Member

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    Honestly, it just depends on how fast the business grows as far as profit is concerned. I can not give an exact time period, but if the store does as well as every other tobacco shop I have seen here, and a 60%/40% split means 10% of the profit would be to the principle of the investment (the other 50% is normal profit). So I would say at least a year (unless they count the 50% for the sake of knowing they got their investment back) then it would most likely be much less than a year.
     
  6. onlineworker_007

    onlineworker_007 Regular Member

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    that a real big amount why dont you try taking 2 3 partners or something like that
     
  7. jstover77

    jstover77 Executive VIP Jr. VIP Premium Member

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    It actually isn't that big amount. Most offline businesses will cost you at least 4-5X this amount and that is a small operation.

    Where are you located?
     
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  8. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    Do you have any data to back up those costs? Seems pretty cheap for an offline operation.
     
  9. a32337

    a32337 BANNED BANNED

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    And a full business plan or executive summary
     
  10. leonardodv

    leonardodv Junior Member

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    I think its better to find a local partner for this kind of venture, instead of looking for someone online.

    You might need 2 - 3 x times of starting amount to be on the safe side, there's a always a risk for a new business( online or offline).