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Join Date: Jun 2006
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Investor needed - 16v Mini Shop
25-08-2006, 04:44 PM
  #1  

Ok , i see quite a few people asking for investors so i thought i would see what people thought about me.

quick summary of my company...

Started 4 months ago , it provides a 1 stop shop for anyone that is building a16v Mini (16v mini = old classic mini and a honda/vauxhall/suzuki engine) I know the company has only been going 4 months , but i have been into mini conversions for the last 10 years as a hobby.
I have started an online shop which is doing well (about 3-5k a month turnover not sure if thats good for a start up ?) But now i want to get into doing the conversions ..eg people paying me to fit new engines into there old minis .. now after running the 16v mini club as well for the last 10 years i can see the market and intrest growing.

But as i only have 1 single garage i really need to make a major leap .. ie garage workshop space / tools / advertising /r&d

Now this is a very specialist market , now how much do i need ? well i think i would need enough to last me 12 months without making a profit (worst case i guess) .. so between 30-50k ? not to sure if thats to much to ask for ?

anyway .. very vauge i guess .. wish i was better at selling things

Matt
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