This Block Offer started on Feb 16, 2018 and will close on Apr 30, 2018 12:00 am.
•2,400 SF separated into 2 units that are 1,200 SF
•In a growing area that has seen substantial growth in the last 3 yrs.
•Located near a busy intersection
•Near other shopping centers and businesses
•This is a unique opportunity to invest in a billion dollar industry
•Royalty Beauty Supply is requesting Funding to acquire 1324-1328 Vernon Odom Blvd. Akron, OH 44320
•Funds will be used to purchase the building, inventory, furniture, fixtures, office equipment, and other startup cost for the business
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|Corporate entity information||Royalty Beauty Supply|
|Type of registration||Limited Liability Company|
|Date of formation||03/22/2017|
|State of formation||Ohio|
|Control Persons||LATAJA DINGLE|
|Subsidiary and affiliate information||Royalty Beauty Supply LLC|
|IRS EIN #||820906055|
|Stated business of the Issuer||Owner|
|Anticipated business plan||Buy the building to house Royalty Beauty Supply and lease the other half of the building for additional income.|
|Stated purpose of this offering||The purpose of this offering is to acquire the building and start a business.|
|Intended use of the proceeds of the Issuers offering||Proceeds will go towards purchasing the building and start up cost for Royalty Beauty Supply.|
|Target offering amount||395625|
|Deadline to reach the offering amount||04/30/18|
|Price of the securities to be sold||$5.00|
|A description of the ownership and capital structure of the issuer||Owner will have 53% of the building with multiple stock holders|
|Property Address||1324 & 1328 Vernon Odom Boulevard|
|Building/Development Type||Two Tenant Concrete Block Building|
|Current Ownership Information||Nai Cummins|
|Estimated Annual Property Income||200000|
|Estimated Annual Property Expenses||$15000|
|Parcel ID||6748405, 6748406|
|Private Offering Memorandum|
|SEC Form C|
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