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Company Updates |
11/7/2009 - To ask questions email shermancurl@gmail.com
11/7/2009 - Hey Investors, Got Questions? Just ask and I'll post the answer here in the company updates!
11/6/2009 - We have received a contribution outside of 40billion.com for $15,000. We have thus lowered our target from $60,000 to $45,000.
11/3/2009 - Not only is this a business proposal - but it's an experience in using Social Media and networks to get funding for a business.
If you believe in the power of the social web, you can help.
If you can't contribute or invest, you CAN spread the word.
Here's how:
Stumble this post by going here: http://bit.ly/3gMp3k
S... the following message on Twitter, Facebook, etc..
"Help Patrick reach his dream of owning a Pizzeria - Contribute, or at the very least Share this link: http://bit.ly/4zENAp"
11/3/2009 - For those thinking of contributing, and are wondering about the location of the actual storefront. It is on Wilmington Pike, in Kettering, OH.
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Sherman Curl LLC
Patrick Curl, Partner
Reynoldsburg, OH
Funding Needed to Purchase existing Profitable Pizzeria
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Funding Target: $45,000 |
Start Date: 11/2/2009 |
End Date: 12/2/2009 |
Seeking:
Gift Contributions, Loans
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We need this money to purchase an existing business, it includes all kitchen supplies, pizza oven, prep tables, point of sale system, computers, walk-in freezers, etc... It also includes all marketing supplies on hand, free training, all needed licenses will be transferred, etc. The business will be a seamless transition, where we will pick up running it the day after we transfer all licenses. |
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Offer to funders: We are accepting loans, and contributions. Anyone who contributes $100 will receive: $75 in free pizza coupon's from our pizza location.
Contribute over $100 and get whatever amount you donate in free pizza coupons from our pizza location. (In the Dayton, OH area).
If you choose a loan instead then we will pay you back your loaned amount with 7% interest. We will also give you 40% off all food orders until your loan is paid off.
Bookmark our page on 40billion.com and we will keep you abreast of our business and it's successes, failures, and growth. |
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Location: 8881 Betony Ct, Reynoldsburg, OH 43068 |
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Founded: 10-09-09 |
Structure: LLC |
Industry: Food and Beverage Service, Restaurants |
Business Stage: Just opened for business |
Number of employees: 2-5 |
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We are in the process of buying a Pizza Franchise. The franchise is already in profit, and brings in between $14,000 and $20,000 per month in sales.
The restaurant is a franchise of Fox's Pizza Den. (See: http://www.foxspizzaden.com)
The owner has bought a Fox's Pizza Den closer to their home, and are seeking to sell this one, and focus solely on running that one.
Our management team is extremely qualified to run this business. The principle management team involves one person with 5 years experience working for 3 major pizza franchises (Dominos, Papa John's, and Donatos).
Having worked in many different pizza chains, I have learned a lot about what works in a successful pizza restaurant.
I also can cite many things right from the start that I could change that could increase sales at this location. Some examples include:
1. Add changeable signage, that we can add specials on, for passersby to see.
2. Make the store front signage more visible.
3. Add promotional advertising decals to the windows in the front of the store, showcasing our specials.
4. Fresh paint, would go a long way to making the store seem more professional.
5. Currently the employees all wear miscellaneous t-shirts, and jeans. The store needs to be more professional, and needs employees to wear decent looking uniforms.
6. When you walk into the store, there is no menu on the wall, instead you have to ask someone for a folded paper menu. This is a major inconvenience to the customer, and it also loses sales. Many people will keep looking at the menu, and re-reading it as they wait for their orders, and sometimes they will even add items to their order. A well-designed graphical menu, above the cash register would greatly improve the image of the store, and increase the sales.
7. I've spent time listening to orders being taken, and nobody ever tries to upsell items. In my experience, asking people if they would like breadsticks or a coke, can add a couple thousand dollars a year to the bottom line.
Another member of our team has been a catering manager, and another has managed a fine dining restaurant for a couple years.
We have a very aggressive marketing plan being developed which includes a lot of radio promotions, free taste tests, community charity events, marketing to schools and universities, extending our business hours to include lunch, and much more...
Fox's pizza den, is currently the 12th ranked pizza chain in the nation. The products are very unique and cater to many different tastes. They have many products above and beyond just serving pizza. They also have custom creations, such as the Wedgie which is a sandwich made from a pizza crust.
Fox's also allows franchisees to come up w/ their own products, and if something is popular in our area that's not necessarily a Fox's Pizza Den national product, we're more than welcome to offer it to our customers.
The average Fox's Pizza Den currently earns $500,000 per year. The one we're purchasing currently earns $170,000 per year, and has many areas where it can grow. The city that we are purchasing the business in, is a very decent size community with 54,000 people, 25,000 households, which makes for a lot of potential customers, that I'm positive with a good marketing plan, we can tap into, and make regular customers.
Being a 2 year old business, it is actually doing better than many businesses that are only 2 years old, and there is much room for growth.
We just need the capital to purchase this business, as soon as we've purchased it, we will begin a seamless transition. One day it will be theirs one day it will be ours. The beauty of that is that there will be no down time, and we will be earning a profit from day one, which we can use to pay back our loans.
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