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D.A.P. Exports

Company Summary

D.A.P. Exports is a business that exports automobile parts and auto lubricants to Jamaica and other countries including Venezuela, Columbia and Ecuador. Many of the company’s shipments combine American-made products with foreign parts with some re-packaging and labeling.

The company will be organized as a limited liability partnership.

D.A.P. Exports has an 8,000 square foot facility in Monroe, Florida. The facility is located near the South Florida transportation hub critical to our important markets. it will keep costs in control as well as enabling fast and economical access to our key markets for company-related business.

2.1 Company Ownership

D.A.P. Exports is an LLC partnership owned by James Dunn and a silent partner (name withheld).

2.2 Start-up Summary

The start-up expense for D.A.P. Exports is focused primarily on inventory and repackaging equipment. James Dunn will personally invest in the company. The silent partner will invest additional funds. In addition, Dunn will also secure a long-term loan.

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Start-up Expenses
Legal $10,000
Stationery etc. $1,000
Brochures $2,000
Insurance $2,000
Rent $2,000
Expensed Equipment $50,000
Total Start-up Expenses $67,000
Start-up Assets
Cash Required $83,000
Start-up Inventory $100,000
Other Current Assets $0
Long-term Assets $0
Total Assets $183,000
Total Requirements $250,000
Start-up Funding
Start-up Expenses to Fund $67,000
Start-up Assets to Fund $183,000
Total Funding Required $250,000
Non-cash Assets from Start-up $100,000
Cash Requirements from Start-up $83,000
Additional Cash Raised $0
Cash Balance on Starting Date $83,000
Total Assets $183,000
Liabilities and Capital
Current Borrowing $0
Long-term Liabilities $100,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $100,000
Planned Investment
James Dunn $50,000
Silent Partner $100,000
Additional Investment Requirement $0
Total Planned Investment $150,000
Loss at Start-up (Start-up Expenses) ($67,000)
Total Capital $83,000
Total Capital and Liabilities $183,000
Total Funding $250,000