Vermont Ave

Los Angeles, CA 90006

Los Angeles, CA 90006

Updated:

Due Diligence Pending

Equity StructureHybrid Equity

Equity Seeking$ 495,000

Profitable Music Karaoke Business Acquisition & Redesign Opportunity

Total Raise$ 1,100,000

Equity Seeking$ 495,000

Sponsor Co-Investment$ 55,000

Debt Financing$ 550,000

Preferred ReturnAbove 10%

Profit Split (Investor/Sponsor)80 / 20

Project TypeStartup / New Venture

Hold Period2–3 Years

# of Units14

Building Size (Sq Ft)5,593

# of Stories3

Parking Spaces30

Lot Size Ac / Sq Ft0.24 / 10,525

ZoningC2

Entitlement StatusNot Required

Permit StatusPermits Not Required

Projected NOI$ 840,000

Estimated Resale Price$ 2,500,000

John