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 NEW HORIZON LOG HOMES (viewed 255 times)
 Posted By: blueemeral         » View Users Profile
 Loan Amount: $1000000 » View All Ads 
 ID:
 Category: Working Capital
 Age: 48
 Lines: Borrow Money
Description:      Sector: Construction, Land, Solar Energy, Urban Development Location: United States, West Virginia Transaction Size (in US$): Funding Stage: Seed Financing Preferred Exit Option: Other Our mission is to sell a well-engineered log home that will increase in value and reduce its carbon footprint on the environment. NH Log Homes will provide homes that are affordable and more economical than the traditional home. What is our business, service, product, etc? NH Log Homes of WV is a vendor, builder and decorator of prefabricated log homes. Our business will offer a high quality finished home at an affordable price. It will be located in the Potomac Highlands of WV to show prospective buyers that a log home is not only aesthetically pleasing, but will also maintain and preserve the rural beauty of the area. NH Log Homes of WV will be a turn-key operation, which will alleviate hassle for the buyer, such as, finding a builder for their home, landscaping, painting, etc. The business is still in the planning stage and will be in operation in 2010. Dan S**** has a diverse background in home construction, and has worked in this field for 26 years. Dan, being both carpenter and woodworker, has orchestrated construction from the ground up, reading blueprints and getting layouts correct. Our team consists of Dan and Teresa S****. Teresa will be designing the home interior of the log home. Dan is the contractor, and manager. Despite the accurance in the real estate market, people are still building vacation and permanent homes. Our competition; Hampshire Home Builders, Snowy River Log Homes and Appalachian Log Structures. (financial history or forecasts)? 1st year estimated gross income = $1,650,000. 2nd year estimated gross income = $2,145,000. 3rd year estimated gross income = $3,217,500. Our short-term goals to gain sufficient funding to get this venture underway. Our objective is to have a model log home built to show perspective clients, and to have pictures to put in publications and websites. Long-term goals: to have the ground work established for a business to last many years, even past retirement age. We will pay off Investors so that we can own the whole business, have satisfied client families and to contribute to society. Investment will be used for log home franchise, land, model home, websites, advertising, working capital, vehicles for business, professional fees, licenses, permits, life and health insurance. The total costs for start-up expenses will account for about $18,000 and include legal fees and insurance deposit. The remaining $527,000 of cost will be attributed to establish assets. Start-up expenses: - Legal = $5,000. - Stationery, etc. = $500. - Insurance = $1,000. - Website = $6,000. - Computer = $3,500. - Log = Home Seminar = $2,000. Total Start-up Expenses=$18,000. Start-up Assets: - Cash Required for Start-up Inventory = $98,000. - Other Current Assets = $4,000. - Long Term Assets = $425,000. Total Assets = $527,000. Total Requirements = $545,000. - What is the expected return on investment or breakeven period? The break-even analysis is based on the average of the first-year figures for total sales by values, and by operating expenses. These are presented as per-unit revenue, per-unit cost, and fixed costs. These conservative assumptions make for a more accurate estimate of real risk. Monthly Units Break-even - 0. Monthly Revenue Break-even - $42,732. Assumptions: Average Per-Unit Revenue - $137,500.00, Average Per-Unit Variable Cost - $65,000.00, Estimated Monthly Fixed Cost - $22,531. The Business Plan provides detailed financial information; it includes the basic strategic information necessary for initial establishment and operation of NH Log Homes of WV. This document outlines the tactics for business growth, methods, procedures for operation, and infrastructure management. AMOUNT REQUESTED:$750,000 to$1,000,000
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