Acquiring a Bakery
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 15% |
| Lender Rate: | 15% | Borrower: | SuccessServices |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-06-18 | EricsCC ROI: | 14% |
| Status History | |
|---|---|
| Jun 17, 2008 | Current |
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Purpose of loan: Homies Cinnamon Roll Place is a cinnamon roll specialty shop that offers specility cinnamon rolls and also offers a simple but desirable breakfast menu. Homies Cinnamon Roll Place also serves a variety of drinks from 6 different coke flavors to top brand coffee, as well as Smoothies, speciality coffees, Hot Chocolate, and various juices. Our shops are concentrated within specific communitires. The purpose of setting up in a community is so we may be involved in the lives of the community. Ex: Field trips for kids, Youth Sports, Girl and Boy Scouts, PTA functions, fund raisers, high school support. Our customers will have access to our very popular Cinnamon Rolls, breakfasts and other treats. It makes for a better experience to be able to walk or bike with the family, push the baby troller, walk the dog, to our shops then enjoy a warm fresh Cinnamon Roll or a fresh fruit smoothie. Homies Cinnamon Roll Place has many revenue opportunities other than the ret ail store. Homies caters special office events, delivers fresh out of the oven Cinnamon Rolls to your next meeting, service your local 7-11 or AM PM, and other convenience stores with our packaged goods. Homies supplies hotels with our frozen dough so their cooks can bake cinnamon rolls for brunches or special events. Homies will continue to appear at large public events and outdoor concerts. Homies Cinnamon Roll Place's name and logo is nationally trade-marked and plans to sell business opportunities as franchizes as a part of our growth plan. My financial situation: Excellent Credit. Need additional financing to expand the business. I am a good candidate for this loan because I have a proven successful track record, good credit and a passion for customer service and quality product. |
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