TO THE RESCUE

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​TO THE RESCUE

There are many professions where the professional is advised to not get personal with the patient or client, and that is typically true in most cases, but when you are in my profession as a business consultant and you have clients that have made serious business errors, sometimes un-recoverable or a start-up pioneer and you are cognizant of the sacrifices the latter (early stage entrepreneurs) makes from borrowing every last dime from parents, siblings, other relatives and friends, plus unending dedication, at least someone like myself wants to help them before it is too late, even as it applies to family owned businesses (succession) or just Dad’s company.

Maybe it is because I have been there and done that, starting and growing three businesses; pledging my home and third child, so to speak, to banks who advertise their community spirit but no loan, unless the borrower has personal and/or business assets to pledge, which in many cases are usually exhausted by the time a visit to the bank is necessary and the appeal goes for naught.

I am no hero, but I try to help where ever my experience can help or be effective, which is why I am posting, what I believe, to be real business opportunities, before that fledging entrepreneur aborts their dream or the owner founders of a company are forced to sell or file bankruptcy and I do not wish that on any of my clients as the results can be devastating with life-long negative consequences ranging from personal bankruptcy to legal entanglements and traps ta last a lifetime.
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So, I listed below some of my client’s projects in which, I believe, to be of enough merit to justify a new look and see where we go, anywhere, with these opportunities.

Check my website (www.mitchelletteandassociates.com). Click on ”BIZ OPPS” tab for complete listings
 
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                                                                FROM

(A)-FOOD SERVICE BUSINESS OPPORTUNITY
#1. GOURMET CHOCOLATE ENTERPRISE (PROVEN BUSINESS)

This is an excellent investment opportunity for a Women, as my book suggest, who may be thinking about getting into business for her first venture; maybe because the kids are grown, and hubby has his career and she wants to have something she can to do besides being a homemaker.

This opportunity is what we call in the business a “TURN-KEY” business, everything in-place from length of time in business (18 Years), to a strong customer base, repeating business clients, quality reputation, current owner will stay to train new owner, plenty of opportunities to expand and quality product, just to mention a few of the necessary attributes to assess before buying an existing business, and besides a women, who already has an outstanding reputation already owns the business.

As usual information will be sent to a perspective investor/lender upon a signed NDA

#2. HEART HEALTHY MEDERITERREAN FAST FOOD FRANCHISE (PROVEN BUSINESS)

OPTION A: This is a first-in franchise opportunity in the new and growing high quality healthy food business with four company stores open and successful. The current ownership wants to try franchising as its next step to expand and will offer ideal terms to the right franchisee, including the first right to sell the franchise back to the franchiser at a premium price based on market value at the time of the offering.

The franchise includes on-the-job training and the ease of purchasing all the supplies from the franchiser. This, once again, is a very minimal risk venture backed by years of experience and a proven recipe. 

A great way to start a family owned business with very favorable financing and a proven concept.

OPTION B: Same as above except the franchiser is looking for an investment firm with whom to partner to take the franchise model national concurrent with the above search for a qualified franchisee for the franchiser’s first franchise.

As usual information will be sent to a perspective investor/lender upon a signed NDA

#3. PROTEIN LOADED “HEALTHY COOKIE” INVESTMENT OPPORTUNITY

Their recipe has been developed over years of testing and now it is time to bring the recipe to market beginning with 2 national grocery chain orders that should range between $1 and $2 million each with a December delivery date.

This is called in our industry PO financing whereby the orders are used as collateral against which a lender advances money to the company for working capital and the subsequent receivable created by the shipment becomes an account receivable, which when collected pays the loan down from the initial PO advance.

The company is looking for an investment partner to help jump-start the first order with a range between $500K & $1M, which could be a debt to equity or straight equity transaction worth pursuing.

As usual information will be sent to a perspective investor/lender upon a signed NDA

(B)-PRE-REVENUE “IP” & PATENT RIGHTS

Again, I find myself often recommending these types of business opportunities, simply because they are easy entry, and somebody has already done the thinking and the research with ready-to-go launch ideas and/or technologies; such is the case with numbers:

3). VENDING MACHINE CANISTER TECHNOLOGY-PATENT ALREADY APPROVED

This design is based on food preservation that will provide 90- day shelf life as opposed to the present technology whereby content has only a 30-day limit giving the vending machine operator more flexibility and eliminating 30-day replacements.

Again, this technology will have a real value when converted to a 3D model and tested for proof of concept followed by licensing the technology to food companies, who specialize in vending machine perishable food stuffs.

This particular-technology is available only because of the unexpected death of its inventor and the family wishes to see their relative’s idea bear fruit and not go unrewarded, meaning they are very open to any legitimate offer to purchase, probably as little as $25K or something more creative like sharing in any royalties that may be earned from licensing.

As usual information will be sent to a perspective investor/partner/lender upon a signed NDA

1). PONTOON BOAT “NEW” COMPANY

The new owner of this pontoon boat company borrowed part of the money due to the seller to close the transaction, which he successfully did’ now he needs to repay those lenders, who acted as a bridge lender(s) in the next 60 days and also needs working capital, the combination of which amounts to $500K, for which the new owner is willing to exchange equity in his company or treat those funds as pure debt and/or a conversion instrument to equity at the option of the replacement bridge lender.

This is a very good opportunity for a qualified investor to take this debt option, which would include a first position on $500K of R/E, plant and M & E, which in my language says that the perspective new lender would be over-collateralized, minimizing the risk if there should ever be a default. 

As usual information will be sent to a perspective investor/lender upon a signed NDA 

2). PONTOON BOAT “IP” PATENTED TECHNOLOGY

This is an amazing story of a loyal son, who promised his Father on his death bed that he would continue his dream of designing and finishing an Aeronautical- Hydraulic technology to expand a traditional 8’ pontoon deck to a 12’ deck, which doubles the people capacity of former for either social and/or commercial use.

Perfect for the lake dweller, who entertains a lot or for the resort community, who needs larger boats to handle their guests, even paying passengers.  

I believe this technology will be worth big bucks at some point, either as a stand-alone company building proprietary boats or a license arrangement with an existing pontoon boat company.

The best news is that this technology has been proven to work as the fourth-generation pontoon boat just rolled off the production line and has surpassed all the tests to make it now production ready, including speed test to over 20MPH and stability, both of which is essential to be market effective.

Management has prepared a complete business plan with projections to be sent to any perspective investor with a signed NDA.

C-MAJOR M & A OPPORTUNITIES

#1). A very serious existing INTELLECTUAL PROPERTY company is looking to expand their market by purchasing other “IP” companies, whose founders may wish to retire by either selling, partnering and/or merge with their company.

Currently, this M & A candidate is in the Midwest and aspires to reach the East and West coast ASAP. Their interest is in building their customer base and profits by merging the customer base of their purchased or merged entities with their existing personnel and other services. 
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As usual information will be sent to a perspective investor/lender upon a signed NDA
 
 
  
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