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Deal Search: NY
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Public-traded Chinese footwear maker looking for capital for expansion into retail
Based in Shanghai, the company is a private label women footwear maker and is expanding to the footwear retailing business rapidly. The company was founded in 1997. Revenue in 2006 and 2007 are $4.6 million and $7.25 million, respectively. In 2007, the net is $0.65 million, with an equity of $3.35 million and no long-term debt. Just in last months, it opened two retail stores under its own brand and a plan to open ten more is under consideration. The company is interested in raising $1 million in straight equity to fund its retail expansion. See if the opportunity is of interest to you.
Popcorn Vending Machine
We make popcorn vending machines that vends bags of popcorn. Capacity 300 bags, standard household used to pop in a microwave. The machine alerts the vendor wirelessly when it needs service and sends sales statistcs to your PC, and is maintenance free. We need $1,000,000 to commence production in China to make the tooling and build the first 150 machines we can place now over 500 machines). We plan to sell the machines for $5,700 (it will cost us about $2,500 to manufacture depending on quantity).
