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Entrepreneur - New Business
Seeking Angel Investor for startup capital for the First Universal Corporation
Posted by:
Brandon Tyson
on 7/23/2010 3:36:09 PM
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Funding Needed
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Under $100k
Category:
Other
Website :
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Location :
Edmonton,
Alberta,
Canada
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Description:
Over the course of many years we have developed the Global Reconsume Project which is responsible for the opening of the First Free Stores. It has been tested already over a course of a year and half and had to be shut down due to over support from the community and not having the space to continue business.
Don't let the idea of a Free Store throw you off cause there is actually a ton of money to be made with it. We create a common space for people to bring old reconsumables so they can be offered back out to the community free of charge. This creates alot of product flow and brings a ton of customers. Word of mouth advertising is more then enough to develop a huge customer base.
This is designed as a services based industry. So we manipulate product in a number of ways to generate substantial income off of it. Not to mention you can have the community support it so well that they actually pay the store expenses themselves and volunteer their time working there. So virtually zero expenses and tons of profit.
We started in Port Alberni, BC and the entire city knows about the Free Store. Due to it being on an island it made it much more expensive to deal with bulk materials in a profitable way. We have now expanded the entire concept to better manage the product flow and have moved to Edmonton, a city of almost a million people.
We are now looking for funding to relaunch the business and project here where there are better resources to manipulate and more opportunities that can be taken advantage of. We have all the people we need to get started and have already met with many properties that would be perfect for the first store. Everything is ready to go, all we need is the capital to get things off the ground.
The investment required is extremely low in comparison to most opportunities and we will give you the option of keeping the store for yourself or continue growing with us and the Global Reconsume Project
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