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$30,000 · Investor wanted for low overhead physical/Online retail store

Investor wanted for low overhead physical/Online retail store image 1

Im looking for a silent partner in low-overhead internet/physical storefront retail store. The Plan: To turn the lower level of my home into a storefront (no monthly rent, just a small increase in hydro), have a professionally made website where non-local/local customers can click-buy without ever having to speak to anyone and personally post stock on social media Buy & Sell groups. As well as make business accounts on all popular social media sites. What I'm Looking For in a Partner/Investor: I would prefer a silent investor, just because to many chickens in the hen house and it gets a little crowded, so to speak. But I'm definitely willing to discuss the level of involvement. I'm looking for a financial contribution of $25,000-$30,000, Most of that cost is in regards to the initial stock purchase and set up. And unfortunately (as some inquiries have asked) I must INSIST on a written contract! We need to have in writing all the details to protect both sides. If you prefer to provide a charge account instead of monetary funds, that's fine, the need for cash I imagine will be minimal. What Are We Buying/Selling?: I've found a distributor that sells last items, clearance, non-payment etc stock for 18% of its retail value, possibly less if we became regular customers. But it's an array of items, from brand name shoes, to furniture, clothes, kid stuff etc. They have a ton! And its purchased by the pallet or truckload (semi trailer). What is My Part: I will take on the day to day work, social media interactions, store front interactions, and the actual ordering. I'm willing to send a monthly expense/profit report with all the details you could need, including a record of how many hours I've put in etc. INVESTORS RETURN: I'm offering 40% return profit, (your initial investment + 40% PROFIT) So if providing the $30,000, you would receive the initial $30G back plus $12G for a total payback amount of $42,000. And to be clear the profit includes interest, and I'd like to discuss the length of the terms, but I was thinking 12-18 months. Before I run out of space, Im happy to answer any questions but please, serious inquiries!

Ad #
35945220
Posted
June 17, 2020
Expiry
December 14, 2020
Status
EXPIRED
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