BarbaraRaymond
09-27-2004, 06:07 AM
Good morning. I live in Maryland. My husband and I have wanted to own a nightclub for 19 years. I have found one that is perfect as it has something for everyone. My problem----the current owner wants $600,000.00, ($200,000.00 down plus $7500.00 for the inventory). I have $0.00. It sounds like a lot of money, but all inclusive is the sound system, tv's, pooltables, poker machines, etc.
I had planned on borrowing against my home, but I had forgotten about a home improvement loan I have already taken out against the equitity.
Does anyone have any suggestions as to how to get an investor (angel or otherwise). I am working on a business plan so that I can apply to SBA and banks. Any input is welcome.
Thanks,
Barb
I had planned on borrowing against my home, but I had forgotten about a home improvement loan I have already taken out against the equitity.
Does anyone have any suggestions as to how to get an investor (angel or otherwise). I am working on a business plan so that I can apply to SBA and banks. Any input is welcome.
Thanks,
Barb