40628
Transformed Smart Living
Furniture Store
Canada
Market:
Other
Stage of the project:
Idea or something is already done
Date of last change:
08.08.2019
Startup.Network
Business loans
Transformed Smart Living
Min amount of loan
$
12.000.000
Estimated yield
12
% a year
Go to the owner's profile
6
Total required
$ 12.000.000
Rating
equalizer
from 1000
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Average rating:
Idea
Import and sell transforming furniture for owners that live in small condos/apartments
Current Status
Lookimg for funding, product is ready to be purchased and shipped from China. Require funding to open a showroom in Vancouver, BC, Canada.
Market
Great growing economy in Vancouver, BC for small apartment owners, many apartments are built in Vancouver and area
Problem or Opportunity
Need funds to open proper showroom and order inventory
Competitors
Expand furniture
Advantages or differentiators
Advantage will be a cheaper selling price than a local competition
Finance
Product will be sold at 300% margin once here in Canada
Loan terms
60 months
Interest rate, %
12
Business model
Idea to sell transforming furniture to owners of small spaces.
Solution (product or service)
Once funding is acquired, can order samples and inventory for the showroom
Team or Management
Evgeny Medvedev
Owner
5,00
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Idea
Current Status
Market
Problem or Opportunity
Competitors
Advantages or differentiators
Finance
Financed earlier, $
Loan terms
Interest rate, %
Type of pledge
Pledge and assets
Business model
Solution (product or service)
Team or Management
Lead creditor
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