Silver Bear Lodge
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 Expenses to Fund||$185,400|
|Start-up Assets to Fund||$364,600|
|Total Funding Required||$550,000|
|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|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$200,000|
|Loss at Start-up (Start-up Expenses)||($185,400)|
|Total Capital and Liabilities||$364,600|
|Rental Shop Setup||$50,000|
|Total Start-up Expenses||$185,400|
|Other Current Assets||$0|
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.