Great Lakes 4x4. The largest offroad forum in the Midwest - View Single Post - Help fund my bumper development.
View Single Post
Old April 19th, 2011, 08:17 PM   #32
Blowd up
KartRacer's Avatar
Join Date: 11-16-05
Location: Riverside, MI 49084
Posts: 6,335
iTrader: (4)
Mentioned: 0 Post(s)
Send a message via AIM to KartRacer

Originally Posted by whiterhino View Post
I am seriously interested in this. I have been wanting to buy into my own offroad shop for quite some time. I have watched the other builders in Michigan make great profits and I have unsuccessfully attempted to buy into all of them, JCR, JeepersCreepers, Creative Fab, Tab, Nates, Koz and a couple others. All have turned me down because they don't want to share their profits.

I am considering an investment of $5,000. With that investment, what share of your business would I own? What guaranteed return on my investment should I expect? (I was thinking a minimum of 10% APR.) At what frequency would you be able to pay out dividends?

Since Stan also seems very interested, another option would that the 2 of us could go in jointly together and buy out your entire business. I am sure that with the quality of your work we could afford to pay you a decent salary.

I'm looking forward to your answers. I could invest as early as next week.

At a $5000 investment, you would likely have 800% ownership in the company. So what would that 10% be?
KartRacer is offline   Reply With Quote
Page generated in 0.12793 seconds with 22 queries