We are a manufacturer of Hammocks and Swings. We aim to increase our market share worldwide and become the world Number 1 Hammocks producer.
We would be going the e-commerce way and are working towards excelling our market share.
We have a time frame from now until Mid-August 2012.
The payback period would be 3 to 5 years and the expected annual ROI is between 12% and 15%.
Working in this industry for the last 22 years we know the way it works. Our business is really selling...!!!
We need wings to grow and move out from the shadow of middlemen.
The opportunity for the investor is to be associated with a World leader in Hammocks and above all an honest businessman.
We need funding to advertise, establish better ourselves and create a greater infrastructure.
I know all of the competitors in the market.
We have an advantage over them referring to our rich experience and design capabilities. This is extremely important in our industry, which is highly labour intensive.
Our advantage cannot be copied overnight - one needs at least couple of years or more to catch-up.
Quicker access to funds could help us make a quick move.
Our products are selling well, so we are sure that we will continue generating revenues.
The funding will be used mainly for advertising and infrastructure.
The amount we are looking for is USD $1.5 Million.
We are welcoming both equity and debt financing. However, equity participation might be a bit dicey because we have some properties and we are established a long ago, and it becomes very cumbersome for one to arrive at an exact value for real estate, goodwill, etc.
We are looking for a silent investor, who would be updated every fortnight.
The payback period is between 3 and 5 years.
ROI will be 12%-15%.