Silver Bear Lodge
Company Summary
The Silver Bear Lodge, located in the recently opened Crest Canyon area, has 12 two-bedroom units with underground parking, fully-equipped kitchens, laundry facilities and stone fireplaces. Silver Bear Lodge also has a common-area outdoor hot tub as well as an on-site store and on-site front desk service.
2.1 Company Ownership
Marty Snyderman and Luke Roth are co-owners of the Silver Bear Lodge.
2.2 Start-up Summary
Marty Snyderman and Luke Roth will each invest $100,000. They will also secure a mortgage to purchase the property for $250,000 and an SBA loan for $100,000.

Start-up Funding | |
Start-up Expenses to Fund | $185,400 |
Start-up Assets to Fund | $364,600 |
Total Funding Required | $550,000 |
Assets | |
Non-cash Assets from Start-up | $350,000 |
Cash Requirements from Start-up | $14,600 |
Additional Cash Raised | $0 |
Cash Balance on Starting Date | $14,600 |
Total Assets | $364,600 |
Liabilities and Capital | |
Liabilities | |
Current Borrowing | $0 |
Long-term Liabilities | $350,000 |
Accounts Payable (Outstanding Bills) | $0 |
Other Current Liabilities (interest-free) | $0 |
Total Liabilities | $350,000 |
Capital | |
Planned Investment | |
Marty Snyderman | $100,000 |
Luke Roth | $100,000 |
Additional Investment Requirement | $0 |
Total Planned Investment | $200,000 |
Loss at Start-up (Start-up Expenses) | ($185,400) |
Total Capital | $14,600 |
Total Capital and Liabilities | $364,600 |
Total Funding | $550,000 |
Start-up | |
Requirements | |
Start-up Expenses | |
Legal | $5,000 |
Stationery etc. | $400 |
Brochures | $6,000 |
Rental Shop Setup | $50,000 |
Property Downpayment | $50,000 |
Lodge Setup | $20,000 |
Store Setup | $50,000 |
Insurance | $4,000 |
Total Start-up Expenses | $185,400 |
Start-up Assets | |
Cash Required | $14,600 |
Other Current Assets | $0 |
Long-term Assets | $350,000 |
Total Assets | $364,600 |
Total Requirements | $550,000 |
2.3 Company Locations and Facilities
The charm and solitude of Bear Valley’s secluded mountain setting is found just 36 miles from the Richmond International Airport.