Dynabeats Sound and Light seeking RM350K startup fund

Dynabeats Sound and Light seeking RM350K startup fund

Project Cost: RM500K

Amount Invested: RM50K

Amount Required: RM350K-450K

Knowledge / Experience Required: other (PRO-SOUND AND LIGHTING SYSTEM RENTAL)

Proposed Investor’s Role: as consultant

Industry:
engineering
Trade
Others (SOUND AND LIGHTING SYSTEM RENTAL & EVENT MANAGEMENT)

Project Stage: start-up

EXECUTIVE SUMMARY:

Company History:

Founded by Ardy Loh, having more than 10 years experience in this industries.

Product / Service Description:

Sound and lighting system rental & event management for government or private function.

Business Opportunity:

Every year the demand in these industries keep up growing. I’ve spend entire 2014 to get my own customer base. Now it the right time to start up a new company.

Revenue Model:

The investment provided will be used to buy the sound and light system, LED display panel, dancer costume and transportation. We will gain profit from renting the system out for government and private use.

Management Team:

The team will lead by me as director cum sound engineer. Assisted by a manager to handle crew and dancer operation. Around 10 manpower in total.

Current Status:

I’ve tested the market myself and it was promising. I’ve invested around rm50k in 2014 for gaining customer base. The profit all spend to rent sound and light system from other company because I don’t have my own. So I just earn enough to cover the expenses because renting system from others to try the market.

Funding Milestone:

1-sound system cost estimated = RM 200k
2-lighting system and accessories cost estimated = RM 120k
3-l.e.d display panel cost estimated = RM 130k
4-dancer costume and etc = RM 40k

Business Valuation:

20%-35% depends on amount invested.

Expected Return On Investment:

8-15% ROI/YEAR

Investment Risk and Mitigation:

The equipment maybe faulty but we are buying the new system. So there is warranty for the entire item. Our manpower have the knowledge to repair faulty item after warranty runs out….all we need is just buying spare parts.

Exit Strategies:

After the investor get back all his invested fund and profit. He can choose to let go of his equity. I’m willingly to buy all the equity he wants to let go. But I hope he keep his equity here as now the business in a very stable position.

CONTACT PERSON

ARDY LOH ( lohchoon@yahoo.com)
Company Name: DYNABEATS SOUND AND LIGHT
Postal Address: NO.7337, JALAN MAKMUR 4/1, TAMAN MAKMUR FASA 4
State: SUNGAI BESAR
Post Code: 45300
Country: Malaysia
Telephone: 0134581516
Mobile: 0166511656

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