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Gold Company Seeking Loan in Jacksonville, USA

Pre-revenue gold trading venture seeking investment to import African-gold into the US and UAE markets.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Gold + 1 more
Locations  Jacksonville
Local Time 1:10 PM America / New York
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 4 million for 10.0% annual interest, 1 year (Native Currency: USD 4,000,000)
Reason: - We are seeking a loan to ensure compliance and establish our operations legally in the U. S. and U... View More
Collateral Available: USD 0
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- The company is currently in the pre-revenue phase.
- It will specialize in the import and distribution of African gold to the U. S. and UAE markets.
- It will import and sell high-purity doré bars ranging from 22 to 24 karats.
- Each shipment will have a minimum import volume of 100 kilograms.
- The purchase price will be USD 90,000 per kilogram, and the sales price will be USD 115,000 per kilogram.
- The revenue model will be based on the sale of gold bars.
- The company expects to achieve a gross margin of 13.9 percent, equivalent to USD 25,000 per kilogram.
- It has already secured two reliable suppliers in Africa.
- The company is registered as an LLC.
- The business will operate as a pass-through S-Corporation for tax efficiency.
Products & Services Overview
Top-selling products will be refined gold bars, which will be supplied to gold refiners and wholesalers.
Assets Overview
The business has no tangible assets.
Intangible assets:
- LLC registration.
Facilities Overview
We have not yet acquired office space and are still in the process of securing a facility.
Capitalization Overview
We are entirely self-funded with no outstanding debt. The founding team consists of three shareholders holding stakes of 34%, 33%, and 33%.
Recent Activity
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2 Investors contacted this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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