Project Company:
New Formation:
“B & S Car Wash Service, LLC”
(the”Company” or “B & S Car Wash Service, LLC “/InvestCo”) is newly formed, and therefore, has limited operating history. This special purpose company will raise the funds for seed capital via equity crowdfunding.
We’ll call this entity “B & S Car Wash Service, LLC/InvestCo”, and we will call our operating company in Germany
itself “Car-Wash-Service Benkens & Sohn GmbH/MyCo”. The product and project summary and the history of this operating company in Germny you will find below.
Location / InvestCo:
B & S Car Wash Service, LLC
40 East Main Street,
Suite # 275
Newark, DE 19711
USA
PhoneL +1-302-397-0565
Location / MyCo:
Car-Wash-Service Benkens & Sohn GmbH
Blaue Strasse 3
D-26169 Friesoythe near Cloppenburg
Lower Saxony
Germany
The company is seeking a 1st round of $750.000 gradually in Equity (Share) Capital financing to complete the launch of the business. The first goal is $25,000 US Dollar.
Total start-up expense (including Inventory, Distribution Budget, Commission and Miscellaneous and Unforeseen Costs) comes to $750,000. Startup Inventory assets required 400,000 Distribution Budget is $50,000 and $80,000 in initial cash to handle the first few months of Miscellaneous and Unforeseen Costs.
The mission of B & S Car-Wash-Service, LLC is to become known as the premium producer of Roll-over car-wash units’ services. The company will seek to provide these services in the most timely manner and with an ongoing comprehensive quality control program to provide 100% customer satisfaction. The company's principal officers see each contract as an agreement not between a business and its customers, but between customers and partners that wish to create a close and mutually beneficial long-term relationship. This will help to provide greater long-term profits through referrals and repeat business.
How The Funds Will Be Used
Total start-up expense (including Inventory, Distribution Budget, Commission and Miscellaneous and Unforeseen Costs) comes to $750,000. Startup Inventory assets required 400,000 Distribution Budget is $50,000 and $80,000 in initial cash to handle the first few months of Miscellaneous and Unforeseen Costs.
The details are included below:
Startup Requirements / Startup Expenses
Working Capital $200,000
Distribution Budget $50,000
Commission $20,000
Miscellaneous and
Unforeseen Costs $80,000
Total Startup
Expenses $350,000
Startup Assets
Startup Inventory $400,000
Total Assets $400,000
Total Requirements: $750,000
The Challenges
The mission of B & S Car-Wash-Service, LLC is to become known as the premium producer of Roll-over car-wash units’ services. The company will seek to provide these services in the most timely manner and with an ongoing comprehensive quality control program to provide 100% customer satisfaction. The company's principal officers see each contract as an agreement not between a business and its customers, but between customers and partners that wish to create a close and mutually beneficial long-term relationship. This will help to provide greater long-term profits through referrals and repeat business.
Our company’s keys to success will include:
- Provide excellent and quality customer service.
- Grow and maintaining a reputable and untarnished reputation in the community.
- Referral network of customers.
- Excellence in fulfilling the promise, completely confidential, reliable and trustworthy expertise.
- Developing visibility to generate new business leads.
- Leveraging from a single pool of expertise into multiple revenue generation opportunities: retainer consulting, project
consulting, market research, and market research published reports.