October 20, 2015
To: Our Investment Partners
From: Gary Cross 912-342-7491 ofc. 404-907-6881 cell email:Coastalbusinesscenter@gmail.com
Greetings, for the past two years I have been operating the above mentioned business. It is a Small Business Operating Center. I am in possession and have under contract an office building.
It is approximately five thousand square feet of prime space. The building is located at the Courthouse / County Center Complex.
I am requesting $150.000 to complete the purchase of the building plus additional operating capital.
The investment will be secured by this positive income producing asset ( the real estate), plus all office furniture contents to include; desk, tables, chairs, book case, love seats, couches, and lamps for a total of 10 offices plus two conference rooms with contents.
I desire to repay the $150,000 @ 20% interest only ($30,000) over the next 18 months and then cash out in month 19 the balance interest, plus the principle of $150K for a total of $180,000 in total.
The concept includes providing furnished office environments to individual businesses at an affordable cost. I own all of the furniture in each office, lobby, training rooms and conference rooms.
There is also a document processing center that will produce another $2k per month. With our training programs, and combined business services I project an average of $10,500 per monthly income.