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Twenty-First Century Retailing is seeking a small business microloan for $17,669.56.
Posted by: Lynda Hunter on 7/7/2008 6:31:29 PM
Funding Needed:
Under $100k
Category:
Retail / Distribution
Website :
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Location :
Bowling Green, Ohio, USA
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Description:

I am very happy to have learned of www.go4funding.com, which offers business networking information at a reasonable price. I am hoping that we can do business with your fine establishment in the future.
The Twenty-First Century Retailing Company is seeking a small business micro loan of $17,669.56, to establish a route of twenty display racks in twenty store locations, selling small pepper gas sprayers with leather casings and key chains, from Security Plus Omni Corporation of Spokane, Washington, in Bowling Green, Ohio, and other cities in the northwest Ohio area. The non-lethal self defense capsicum sprayers contain 15% OC (Oleo Capsicum) solution, with 180,000 SHU (Scoville Heat Units). Non-lethal pepper gas sprayers are known to stop criminal and animal assaults effectively.
Security Plus Omni Corporation is located at Post Office Box 3323, Spokane, Washington 99220-3323, Web site, www.SecurityWholesaler.com.
The location services will be provided by A1BestLocators, located at 18034 Ventura Boulevard, #493, Encino, California 91316-3516, Web site, www.A1BestLocators.com.
An itemized listing is here below:

1. 60 Crates of 20 PGS & Display $ 3,900.00
2. 40 Extra Crates 2,600.00
2. 20 Locations 2,000.00
3. 20 Advertising Signs 100.00
3. Office Supplies 20.00
4. Motor Scooter &
Accoutrements 999.76
5. Used Auto Down Pymnt 400.00
5. Auto Rehabilitation 2,500.00
6. 20 Storage Boxes 149.80
7. Change Over Funds 5,000.00
8. Total $17,669.56

The retail price for each item will be $12.95. The estimated income, at 1 sale per day, would be 30 X $12.95 = $388.50/month/one location. The total income per month at twenty locations would be: $388.50/M/1Location X 20Locs = $7,770.00/M/20Locs.

The income would vary according to the changes in supply and demand throughout the year, and according to the volume of customers and sales at different locations. Here I have included an income chart below:

Retail Price #Sales/Day $/Day $/Month $/20Locs./M
1. $12.95/PGS 0.5 $ 6.48 $ 194.40 $ 3,888.00
2. $12.95 1.0 12.95 388.50 7,770.00
3. $12.95 1.5 19.43 582.75 11,655.00
4. $12.95 2.0 25.90 777.00 15,540.00
5. $12.95 2.5 32.38 971.25 19,425.00
6. $12.95 3.0 38.85 1,165.50 23,310.00
7. $12.95 3.5 45.33 1,359.75 27,195.00
8. $12.95 4.0 51.80 1,554.00 31,080.00


I presently receive Supplemental Security Income payments, a disability benefit from the United States Government, amounting to $637.00 per month. Also, I receive Food Stamps at $176.00 per month, totaling $813.00 per month, or $9,756.00 per year.

The Balance Sheet of Assets and Liabilities for the first month, at one sale per day is here below:

I. Assets
A. Current Assets
1. Income, 1Sale/Day $ 4,170.00
2. Savings 00.00
3. Change Over Funds 5,000.00
4. Total Current Assets $ 9,170.00

B. Long Term Assets
5. 40 Extra Crates, 20 items 2,760.00
each
6. Motor Cart 999.76
7. Used Car & Rehab 9,500.00
8. 20 Locations 2,000.00
9. 20 Display Racks 3,808.00
10. Total Long Term Assets 19,572.34
11. Total Current Assets 9,170.00
12. Total Assets $28,742.34

II. Liabilities
A. Short Term Liabilities
13. Lender, 15%, 60Ms $ 515.36
14. Insurance 70.00
15. Office Supplies 100.00
16. Auto, Gasoline, Insurance 602.00
17. Wholesale Merchandise 103.50
18. Tax 879.50
19. Total Short Term Liabilities 2,270.36
20. 21st Century Retailing 1,899.64
21. Total Income $ 4,170.00

B. Long Term Liabilities
22. Lender $17,669.56
23. Total Short Term Liabilities 2,270.36
24. Add 22 and 23 19,424.56
25. 21st Century Retailing 9,317.78
26. Total Liabilities $28,742.34

I plan to diversity my holdings by establishing additional routes of pay telephones, automated teller machines, and also, I intend to purchasing rental properties in the future, have them refurbished, with security measures, and photo voltaic cells, then have them rented out to tenants, and some of them resold.
I plan to join the Bowling Green Chamber of Commerce, the Toledo Chamber of Commerce, and the Better Business Bureau Serving Northwest Ohio and Southeast Michigan. I also plan to contribute ten percent of my earnings to charity.
I am hoping that this business plan will be approved according to the policies of one of your fine companies, which is a member of www.go4funding.com. May you have a nice day.

Sincerely,

Lynda Elleen Hunter










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